Copper price surpasses the resistance – Analysis – 10-5-2021
Economies.com
2021-05-10 06:06AM UTC
Copper price resumed its bullish attack to notice breaching 4.7200 resistance and confirm surrendering to the domination of the bullish bias by reaching the second target at 4.8560.
The additional support formed at 4.7000 along with stochastic continuous positive momentum signals allow us to expect forming bullish rally to target additional levels that start at 5.0000 followed by 5.2200 in the upcoming period.
The expected trading range for today is between 4.7000 and 4.9800
The expected trend for today: Bullish
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