Copper price hasn’t moved anything since yesterday, due to its fluctuation below $5.9700 barrier, announcing its surrender to the sideways bias dominance, forming weak trading by its stability near $5.9000.

 

The continuation of the main indicators contradiction might push the price to provide more sideways trading, and its rally above the barrier and holding above it will open the way for recording extra gains, which might begin at $6.1200 and $6.2400.

 

The expected trading range for today is between $5.8500 and $6.1200

 

Trend forecast: Bullish