Copper price gains positive momentum– Analysis – 05-6-2019

Economies.com
2019-06-05 07:13AM UTC

Copper price gained a new positive momentum by stochastic rally above 50 level, reinforcing the bullish suggestion, keeping its stability above the bullish channel’s support at 2.6300, therefore, we will keep waiting for renewing the bullish attempts that assists to record some of the positive targets that begin at 2.7200 reaching to 2.7800 in the medium period trading.

 

The expected trading range for today is between 2.6300 and 2.7200

 

The expected trend for today: Bullish

 

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