Copper Price Stable Amid Sideways Trading on October 6
Copper prices remain stable on October 6, 2026, maintaining a sideways trading pattern below the key resistance level of $6.6100. The metal has found additional support at $6.4100, which helps mitigate the risk of further declines. Analysts advise closely monitoring price movements, as a break above the mentioned levels could confirm near and medium-term trading targets.
If copper prices fall below the $6.4100 support, it could face significant losses, initially dropping to $6.3000 before potentially reaching $6.2400. This level is considered crucial for determining the broader trend in the upcoming trading sessions. The expected trading range for the day is between $6.4200 and $6.6100.