Copper Price Struggles with Mixed Trading Momentum
Copper's price has been stuck in a mixed trading pattern, preventing it from continuing its bullish rally. This is due to conflicting indicators that have forced it below $6.5100, which represents the extension of a minor bullish channel's support.
The main support level at $6.2700 remains stable, but for a bullish scenario to remain valid, copper needs to gather momentum and break above $6.5800 to target $6.6700.