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Copper price under the negative pressure – Forecast today – 11-6-2024
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Copper price under the negative pressure – Forecast today – 11-6-2024
Jun 11, 2024 1:59 AM

Copper Price Analysis Expected Scenario No change to copper price bearish track by settling below 4.7700$ resistance line frequently, in addition to stochastic continuous negative momentum signals, to keep its fluctuation near 4.5200$ level as appears on the chart. The mentioned negative factors confirm the continuation of the suggested negativity, to keep waiting to target the additional negative stations soon, located near 4.3500$ and 4.1500$. Expected Trading Range Between 4.6000$ support and 4.3500$ resistance.

Trend Forecast: Bearish

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