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Copper price resists stochastic negativity – Forecast today – 30-10-2024
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Copper price resists stochastic negativity – Forecast today – 30-10-2024
Oct 30, 2024 12:02 AM

Copper price continued to provide sideways trads, facing stochastic negativity to keep its stability above the current support line at 4.2600$ and increase the chances of activating the bullish rally soon.

Succeeding to gather the positive momentum and providing positive close above 4.3900$ barrier will confirm its preparation to form strong bullish rally to target 4.5400$ and 4.6900$ levels.

The expected trading range for today is between 4.2600$ and 4.5000$

Trend forecast: Bullish

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