Copper price tends towards the positivity – Analysis – 21-11-2023

Economies.com
2023-11-21 05:16AM UTC

Copper price started to form strong bullish attack since succeeding to surpass 3.7400 level, to notice rallying towards 3.8100, attempting to confirming moving to the bullish track, as the stability above the breached key resistance at 3.7900 and the positive momentum coming by the major indicators allow us to expect resuming the bullish attack, to target 38.2% Fibonacci correction level at 3.8600 followed by 3.9200 as a next station.

 

The expected trading range for today is between 3.7700 and 3.8600

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The expected trend for today: Bullish

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