Copper Price Slumps Below $6.74 Amid Ongoing Correction

The copper price continues to struggle, falling below $6.7400 and reaching as low as $6.6200.

This decline is due in part to a temporary corrective path, which is increasing the chances of further losses and a potential drop to $6.5100.

However, if the copper price can break above $6.7400 and hold its ground, it may indicate a return to gains, potentially starting at $6.9300.