Copper price continue to rise – Forecast today – 22-4-2024

Economies.com
2024-04-22 05:14AM UTC

Copper Price Analysis

Expected Scenario

  • The Copper price continued to form new positive trades, approaching the first main target by touching $4.5400 level and settling near it.
  • Additional support is forming at $2.3000, and stochastic continuous positive momentum allows for suggesting more bullish attempts that might target $4.6400 level soon, followed by reaching the next target at $4.7800.

Expected Trading Range

Between $4.4200 support and $4.6400 resistance.

Trend Forecast: Bullish

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