Copper price prepares to rise – Analysis – 17-8-2022

Economies.com
2022-08-17 06:45AM UTC

Copper price still keeping the bullish attempts by settling above 3.5000, to reinforce the chances of achieving new targets in the near term and medium term period, expecting to react to stochastic positivity to ease the mission of reaching 3.8500 level soon, while surpassing it might extend trades towards 4.0500 as a next main target.

 

The expected trading range for today is between 3.5500 and 3.8500

 

The expected trend for today: Bullish

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