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Copper price repeats the sideways fluctuation – Forecast today – 25-4-2024
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Copper price repeats the sideways fluctuation – Forecast today – 25-4-2024
Apr 25, 2024 12:20 AM

Copper Price Analysis Copper price repeated the sideways trades near $4.4000 recently, attempting to face the intraday negative pressures in order to keep the main bullish track, as the main stability within the bullish channel and $4.2900 level attempt to form additional support line support the previously suggested bullish overview.

Stochastic attempt to provide the positive momentum might increase the chances of activating the bullish attempts, to expect recording some additional gains by targeting $4.5400 level followed by pressing on $4.6700 resistance line. The expected trading range for today is between $4.3400 and $4.5400.

Trend forecast: Bullish

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