Copper price gets the positive momentum – Forecast today – 29-3-2024

Copper price repeated the positive stability within the bullish track, leaning on the additional support at 3.9500$, to notice the beginning of forming bullish waves and settling near 4.0200$, also, stochastic exit from the oversold areas confirms getting rid of the negative pressures, to provide the chance to get the positive momentum and start the bullish attack, expecting to attack 4.1500$ obstacle soon, while surpassing it will push the price to target additional stations that start at 3.3000$.

Expected Trading Range for Today:

• Between 3.9600$ and 4.1500$

Trend Forecast:

Bullish