Copper price kept providing bullish trading, to move away from $5.5100 support, taking advantage of providing bullish momentum by the main indicators, to settle near $5.8500.

 

The price needs extra positive momentum, which allows it to settle above $5.9700 level, to confirm its readiness to record extra gains by its rally towards $6.1200 and $6.2400, while the failure to breach $5.9700 might force it to provide mixed trading with a new chance to activate the bearish corrective track in the upcoming period trading.

 

The expected trading range for today is between $5.7200 and $5.9700

 

Trend forecast: Bullish