Copper price fluctuates below the barrier – Forecast today – 17-4-2024
Economies.com
2024-04-17 05:36AM UTC
Expected Scenarios
- Copper price failed to get the positive momentum, fluctuating within a sideways range below $4.4200 barrier.
- Increased chances of activating a correctional bearish track temporarily.
- Noticing a crawl towards $4.2900.
Trading Range
- Expecting mixed trades with chances to test additional support near $4.1500.
- Surpassing the barrier of $4.4200 and holding above it will reactivate the bullish track.
- Expecting additional gains extending towards $4.5800 initially.
Expected Range for Today
The expected trading range for today is between $4.3600 and $4.2000.
Trend Forecast: Bullish
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