Copper Price Forms Corrective Pattern – Forecast Today – 4-11-2025
Copper has entered a corrective phase after failing to break through the $5.2000 resistance, pulling back to $4.9700. This movement reflects weakening bullish momentum, with the stochastic remaining below the 80 level.
The metal may face further downside, potentially testing the additional support at $4.7500. Conversely, breaking above the $5.2000 barrier and sustaining gains could pave the way for upside targets at $5.3200 and $5.5100 in the near term.
Expected trading range for today: $4.8000 – $5.1500
Trend forecast: Sideways / Fluctuating
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