Category: Forex News, News
Copper price gathers some gains– Forecast today – 27-5-2025
Copper price failed to surpass $4.8100, which forces it to activate the attempts to gather the gains, to reach $4.7400 to gather the required extra positive momentum to confirm the bullish scenario in the current period trading.
Depending of forming extra support at $4.6600 level, to wait for renewing the bullish attempts, surpassing $4.8100 level makes us expect to reach 68.1%Fibonacci correction level at $4.8900.
The expected trading range for today is between $4.700 and $4.8100
Trend forecast: Bullish
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Written by : Editorial team of BIPNs
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