Copper price resumes the decline – Analysis – 4-6-2021
Economies.com
2021-06-04 07:06AM UTC
Copper price continued to form negative trades, confirming its surrender to the domination of the correctional bearish bias and notice approaching the first main target at 4.4000, and despite moving inside the bullish channel, facing more negative momentum by the major indicators allow us to suggest more decline in the near term period, to target 4.3300 followed by reaching them main support at 4.1600.
The expected trading range for today is between 4.5150 and 4.3300
The expected trend for today: Bearish
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