Copper Price Poised for Breakout Above $6.683

The US government has classified copper as a strategic material crucial for AI infrastructure, grid modernization, EV charging growth, and defense applications.

This designation is expected to shape long-term government and industrial procurement, bolstering expectations for sustained demand growth.

Copper trades in a bullish trend with strong momentum signals, expected to consolidate in the $6.571 to $6.683 range over the next 2 to 3 days.