Copper price confirms the positivity – Forecast today

Copper

Copper price confirms the positivity – Forecast today – 4-4-2024

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Copper price confirms the positivity – Forecast today – 4-4-2024

Apr 3, 2024 8:56 PM

Trading Analysis: Copper Price Outlook

Copper price confirmed keeping the bullish track by surpassing the $4.1500 barrier yesterday, forming a strong bullish rally and achieving clear gains by reaching $4.2480 and settling near it.

The stability above the breached barrier and stochastic positive momentum signals allow us to expect the formation of a strong bullish rally, pressing on the first target at $4.3000 followed by reaching $4.4200 on a near-term basis.

The expected trading range for today is between $4.1500 and $4.4200

Trend Forecast

Bullish

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