Copper price reacts to stochastic negativity – Analysis – 3-6-2021
Economies.com
2021-06-03 04:14AM UTC
Copper price begins to react to stochastic negative momentum signals, to notice forming correctional bearish wave and reach 4.5680.
Despite trading inside the bullish channel, the stability of 4.7000 barrier forms major factor to confirm the bearish scenario for the near term period, expecting to reach 4.5000 and 4.3700 levels.
The expected trading range for today is between 4.6000 and 4.4000
The expected trend for today: Bearish
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