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Copper prices experienced a notable increase yesterday, nearing the pivotal target of $4.1500, which is crucial for confirming a bullish trend in future trades. The price’s stability above the support line at $3.9200 and the formation of additional support around $4.0250 enhance expectations of gaining further momentum. This suggests that surpassing the $4.1500 level could lead to additional gains, potentially pushing prices towards $4.2400 and $4.3400.
Today, the anticipated trading range is between $4.0750 and $4.2400.
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How To Invest In Copper Futures?