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Copper Price Forecast & Predictions

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CopperXCU6.32093
+1.93%
Nov 10, 02:19 UTC
Open

Technical Outlook

FXEmpire analysts don’t currently publish price targets for this instrument. The signal below is generated from 22 technical indicators and updates through the trading day.
Overall Signal
Sell
13 Sell3 Neutral6 Buy
Copper: Sell on the Daily timeframeSignal upgraded from Strong Sell on Saturday●Updated Nov 9, 09:44 UTC
Key levels today · based on daily pivot points
Nearest support6.28426
Price now6.32093
Next resistance6.38414
Weekly range
6.00251 – 6.64957from current volatility

Seasonality

+0.5%
Jan
+3.6%
Feb
+1.4%
Mar
+1.7%
Apr
-1.5%
May
+0.2%
Jun
+1.5%
Jul
-1.1%
Aug
-0.5%
Sep
-0.6%
Oct
+0.5%
Nov
+0.7%
Dec
November averages +0.5% over the last 20 years
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