Copper price fluctuates within temporary sideways range – Analysis – 6-5-2021
Economies.com
2021-05-06 05:55AM UTC
Copper price continued to provide the sideways trades to face stochastic attempt to exit the overbought areas, in order to hold above 4.4200 support line.
Therefore, we will keep waiting to gather the additional positive momentum to ease the mission of resuming the bullish attack, reminding you that the positive targets are located near 4.6400 followed by 4.8500 levels.
The expected trading range for today is between 4.4000 and 4.6400
The expected trend for today: Bullish
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