Market Overview

Technical Forecast for Copper

Technical Forecast for Copper


Copper edged back up towards Thursday’s high at 3.3685. Above here we meet resistance from recent highs at 3.3767/3800. A visit here today offers a selling opportunity with stops above 3.9000.


Look for support at 3.2989/2950. A low for the day is expect but failure here sees a retest of last week’s low at 3.2870/840.

The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Posted-In: Technicals Commodities Markets Trading Ideas


Related Articles

View Comments and Join the Discussion!