Copper price continued to provide sideways trading by its stability near the initial barrier at $5.5100 level, to announce delaying the attempts of resuming the bearish correction due to the continuation of the main indicators’ contradiction in the last period.

 

The price might continue to provide mixed sideways trading, to keep waiting for extra momentum, to ease the mission of reaching $5.2700 initially, attempting to reach the next target at $4.9500, confirming the importance of its stability in the current period below $5.6300.

 

The expected trading range for today is between $5.4000 and $5.5800

 

Trend forecast: Fluctuating