Copper price awaits the positive momentum – Analysis – 5-12-2018
Economies.com
2018-12-05 08:16AM UTC
Copper price repeated its fluctuation within a tight range in the last period, affected by the negativity of the main indicators to hamper its attempts to renew the bullish attack, the bullish channel’s support stability at 3.9600 makes us wait for gathering new positive momentum that allows it to surpass the barrier that located at 2.8500, to ease reaching the extra targets that are located at 2.9100 reaching to 2.9600 level.
Expected trading range for today is between 2.7350 and 2.8500
Expected trend for today: Fluctuated within the bullish range
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