Copper price keeps the positivity – Analysis – 4-1-2022

Economies.com
2022-01-04 06:02AM UTC

Copper price didn’t care of stochastic negativity, to notice the continuous fluctuation above the additional support at 4.3350, thus, we will keep waiting to gather the additional positive momentum to ease the mission of resuming the bullish attempts that might target 4.5200 and 4.6200 levels.

 

Note that declining below the mentioned support and providing negative close will force it to suffer many losses by declining towards 4.2800 and 4.1850 levels before achieving any new positive target.

 

The expected trading range for today is between 4.3350 and 4.5200

 

The expected trend for today: Bullish

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