Copper price soars high in its last intraday trading, to reach the critical resistance at $5.89, which represents our yesterday’s target amid the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive minor bias line for the trend, taking advantage of the dynamic support that is represented by its trading above EMA50, this rise came after the success in offloading its overbought condition on the (RSI), opening the way for achieving more gains.

 

Therefore, our expectations suggest a rise in (copper) price in its upcoming intraday trading, especially when breaching the mentioned resistance at $5.89, to target the next resistance level at $6.1820.

 

The expected trading range for today is between $5.7344 and $6.0500

 

Trend forecast: Bullish

 

 

 

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Weekly performance report available here: Trading Signal Results – Week of July 14–18, 2025