Copper price took advantage of the positive factors by confirming the obstacle at $4.8900, to notice by the above image, forming a strong bullish rally achieving the main targets by reaching $5.0700 level and settles around it.

 

By the above image, we notice forming $5.1000 level to previous liquidity grab zones, to form an extra barrier against the bullish trading in the current period, to expect the price affection by the domination of the sideways bias domination temporarily, while the continuation of the fluctuation below this barrier might increase the chance for activating the bearish correctional track, which might target $4.9100 level.

 

The expected trading range for today is between $4.9600 and $5.1000

 

Trend forecast: Fluctuated with the bullish track