Copper price fluctuates below the barrier – Forecast today – 17-4-2024
Economies.com
2024-04-17 05:36AM UTC
Expected Scenarios
- Copper price failed to get the positive momentum, fluctuating within a sideways range below $4.4200 barrier.
- Increased chances of activating a correctional bearish track temporarily.
- Noticing a crawl towards $4.2900.
Trading Range
- Expecting mixed trades with chances to test additional support near $4.1500.
- Surpassing the barrier of $4.4200 and holding above it will reactivate the bullish track.
- Expecting additional gains extending towards $4.5800 initially.
Expected Range for Today
The expected trading range for today is between $4.3600 and $4.2000.
Trend Forecast: Bullish
Commodities News
Commodities
Gold prices mount to fresh record highs for second straight session
2024-05-20 19:53PM UTC
Gold prices rose on Monday to a fresh record high while the dollar inched up against most main ...
Commodities
Brent hits a two-week high after Iranian President's death, Saudi king's health deterioration
2024-05-20 15:19PM UTC
International benchmark Brent rose in American trade on Monday on track for the fourth profit in a ...
Commodities
Gold scales a fresh record high at $2450
2024-05-20 08:52AM UTC
Gold prices rose in European trade on Friday on track for the second profit in a row, hitting a ...
Commodities Technical Analysis
Commodities
Natural gas price surpasses the target – Forecast today – 21-5-2024
2024-05-21 05:10AM UTC
Natural Gas Price Analysis Expected Scenario The natural gas price confirmed its ...
Commodities
Platinum price fails to confirm the breach – Forecast today – 21-5-2024
2024-05-21 05:04AM UTC
Platinum Price Analysis Expected Scenario The Platinum price failed to confirm breaching ...
Commodities
Copper price takes breath – Forecast today – 21-5-2024
2024-05-21 05:03AM UTC
Copper Price Analysis Expected Scenario The Copper price provided a new close below the ...