Copper Price Analysis Expected Scenario The Copper price continued to provide weak sideways trades by settling near 4.5000$ level without targeting any new negative level, affected by the contradiction between the major indicators recently, reminding you that it is important to crawl below 4.3500$ support line to confirm the continuation of the negativity that might target 4.1500$ followed by reaching 3.9200$, to face 38.2% Fibonacci correction level. On the other hand, changing the trend and turning back to the bullish track require jumping above 4.7700$ resistance line and providing many positive closings to confirm its preparation to target many positive stations that might start at 4.8800$ and 5.1000$. Expected Trading Range Between 4.3500$ support and 4.6000$ resistance.

Trend Forecast: Bearish