Copper price remains weak by its fluctuations near the initial support at $5.9700 level, affected by stochastic negativity, which might increase the chances of activating the previously suggested bearish corrective track.
Forming a strong obstacle at $6.1200 level against the current trading supports our corrective scenario, which might target $5.8900 and $5.8200.
The expected trading range for today is between $5.8900 and $6.1200
Trend forecast: Bearish
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