Copper price needs new positive momentum – Analysis – 3-1-2022
Economies.com
2022-01-03 05:46AM UTC
Copper price lots the positive momentum recently, to rebound negatively and settle near 4.3650, while we will depend on the stability of the moving average 55 that forms additional support at 4.3310 to decrease the chances of suffering additional losses, waiting to gather the positive momentum in order to reach the positive stations near 4.5200 followed by 4.6200 in the medium term period.
The expected trading range for today is between 4.3300 and 4.5200
The expected trend for today: Bullish
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