“Copper Takes a Breather Amid Market Moves – Daily Outlook for 29 December 2025”

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Copper prices closed the previous session with significant losses, falling to $5.8400 and reaching the earlier suggested targets. This decline is prompting an intraday rebound toward $5.6800 as the market seeks to regain some gains and rebuild positive momentum.

Support around the 161.8% Fibonacci extension level at $5.5100 remains crucial, providing a foundation for continued upward movement. If maintained, this support could help copper resume its rally toward $5.9700.

Expected trading range today: $5.5500 – $5.9000

Trend outlook: Bullish

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