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Copper prices have successfully activated a bullish trend by breaking through the significant resistance level at $4.3400. The market has seen gains, with prices rallying to $4.3900 and settling above this threshold.
It is crucial to maintain a positive closing above the breached resistance to enhance the likelihood of responding to favorable market indicators. A sustained upward movement could lead to new targets at the $4.4100 and $4.5200 levels.
For today, the anticipated trading range for copper is between $4.3000 and $4.4100.
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