Copper price continued forming bullish trading, attempting to settle above $5.3200 level, to open the way for achieving more gains as we expected, the unionism of providing positive momentum by the main indicators will reinforce the chances of reaching $4.5000, which might form a key barrier against the current trading.

 

While the fluctuation below $5.2000 might force it to delay the bullish attack temporarily, which forces it to activate the bearish corrective track by targeting $4.9500 level before any attempt to record more positive targets.

 

The expected trading range for today is between $5.2500 and $5.5000

 

Trend forecast: Bullish