Copper Price Forecast for Next Week

Copper Price Forecast for Next Week (14th - 20th June 2025)

Copper futures recently saw rejection in the 885-886 resistance zone, which corresponds to a previous breakdown level and horizontal supply area. The price had demonstrated strong upward momentum, breaking over numerous moving averages on substantial volume. However, the latest candle has a bearish rejection wick, indicating selling pressure at higher levels. The RSI stays above 60, indicating underlying strength, although there are signs of small divergence, which could lead to short-term consolidation.

Copper prices edged higher this week, buoyed by a softer U.S. Dollar and positive investor sentiment stemming from a constructive phone call between Presidents Trump and Xi Jinping. Yet, with no concrete trade agreement in sight, uncertainties continue to weigh on the outlook.

Immediate support is near 864, with stronger support at 855-850, where the price may stabilize if a pullback happens. On the upside, a sustained move above 886 can lead to objectives at 915 and then 930. Volume activity will be critical in determining the next directional movement. Until then, price activity between 855–885 may establish a base or pause before the next leg.

Open a FREE Demat Account in 5 Mins.

• Free AMC for First Year
• Low DP Charges (₹ 10)
• No Auto Square Off Charges
• Free Research Advisory
  Open Now

Gold Price Forecast for Next Week: Get the latest prediction for gold prices to guide better investment decisions.

Natural Gas Price Prediction for Next Week: Explore the anticipated price range for natural gas in the upcoming week.

Silver Price Prediction for Next Week: Stay informed with next week's forecast for silver prices to track market trends effectively.

Crude Oil Price Forecast for Next Week: Prepare for the upcoming week with valuable insights into crude oil price movements.

Also read about nifty prediction today, bank nifty prediction for tomorrow and Indian stock market prediction for next week, including range, support, and resistance levels.

Prediction given by Technical Research Team - Choice.