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Copper price settles above the support level– Forecast today – 1-6-2026
Copper price settled again above the extra support level near $6.1000, benefiting from providing positive momentum that comes from stochastic, forming some bullish waves to press on the barrier at $6.4000, to form a key for resuming the bullish trend.
Providing positive momentum by the main indicators makes us wait for breaching the barrier and holding above it, to reinforce the chances of recording extra gains that might begin from $6.5600 reaching the next main target near $6.7500.
The expected trading range for today is between $6.2500 and $6.5600
Trend forecast: Bullish
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