Copper price entered a clear corrective phase after reaching the $5.2000 target, influenced by the stochastic indicator stabilizing below the 80 level. The price declined to test support at $4.7500 and has since stabilized above it.
As long as stability holds above this support, we anticipate copper will begin to gather positive momentum, potentially paving the way for a rally toward $5.0600, followed by renewed pressure on the $5.2000 resistance level. However, a break below the current support and sustained trading beneath it could trigger additional losses, with the price likely retreating to $4.6100 before any fresh bullish attempts emerge.
Expected trading range for today: $4.8000 – $5.2000
Trend forecast: Bullish
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Full VIP signals performance report for September 22–26, 2025:
