CME COMEX: HG, Copper Futures Price Forecast - down to 2.77 - Commodity Trading Today

The market is shaking. Copper prices are likely to go down. Experts say that copper prices are going to rise for many reasons.

In the long term, they may be right. But not now. An important price line for copper is 2.93 and the prices were failed at that line. Support lines are 2.77 and 2.65. It would be better to find opportunities to sell.

[Copper futures price weekly chart, CME COMEX: HG]
CME COMEX: HG, Copper Futures Price Forecast - down to 2.77