Copper price continues to lack positive momentum, as it posts further negative closes below the established barrier at $6.7400, forcing it to incur some losses and slip toward $6.6200.

 

The continued conflict between the main indicators confirms that the price is currently succumbing to a temporary corrective path, increasing the chances of slipping toward the additional support extending to $6.5100. Meanwhile, breaking above the barrier and holding above it would increase the chances of recording further gains, potentially starting at $6.9300.

 

 

The expected trading range for today is between $6.5100 and $6.7500

 

Trend forecast: Fluctuating