Copper prices are exhibiting weak sideways trading around the $4.5800 level as they attempt to build additional bearish momentum. The persistent resistance near $4.9100, combined with a newly established barrier at $4.6600, reinforces the prevailing bearish outlook.
Traders are advised to watch for a decline below the key support at $4.5000, which would likely accelerate the downward move toward target levels near $4.4300 and $4.3100.
The expected trading range for today is between $4.4500 and $4.6100.
Trend Forecast: Bearish
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