Copper price keeps the negative stability – Analysis – 12-8-2019

Economies.com
2019-08-12 06:38AM UTC

Copper price confirmed keeping the bearish bias domination by providing new negative close below 2.6250 resistance, while the intraday sideways trades caused by the lack of the negative momentum, expecting to provide new sideways fluctuation until succeeding to get additional momentum followed by waiting to reach our targets at 2.5500 followed by 2.4660.

 

The expected trading range for today is between 2.6200 and 2.5500

 

The expected trend for today: Bearish

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