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Copper price recovers some losses– Forecast today – 9-11-2026
Copper price benefited from the strength of the support level that is located near $6.1000, opening the way for reducing the losses by forming some bullish waves to rally towards $6.3000.
Note that the continuation of providing negative momentum by the main indicators, specifically stochastic stability near 20 level and forming additional barrier at $6.4200 level. These factors might push the price to decline again below $6.2400 level, to force it renew the pressure on $6.1000, as surpassing it will open the way for reaching new negative stations that might begin at $5.9500.
The expected trading range for today is between $6.1000 and $6.3800
Trend forecast: Fluctuated
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