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
Bullish