Copper Price Forecast for Next Week (21st Sept- 25th Sept 2026)
| Support 2 | Support 1 | CMP | Resistance 1 | Resistance 2 |
|---|---|---|---|---|
| 1350.30 | 1382.90 | 1403.20 | 1420.25 | 1420.25 |
Having a reversal from the support low of $13,922, LME Copper has posted incline for past four consecutive sessions, managed to close at $14,547 / tonne. Price has engulf nearly its previous couple of week's momentum and posted weekly gains of about +2.50%. Immediate resistance would be at $14,676.
After a indecisive momentum of past couple of weeks, Copper price has finally shown a signs of strength in past week and posted a weekly gains of +1.81%, settled at 1403.20 on September contract. Here, price has made an another attempt to breakthrough over the resistance of Ascending triangle formation, continued to sustain over its key moving averages i.e. 20, 50 and 100-DEMA levels placed at 1382.90, 1364.75 and 1332.75 respectively. Immediate resistance would be at Daily SAR level placed at 1420.25 and breakout of this hurdle will boost upward momentum in Copper price in upcoming sessions towards its next hurdle of 1450. Copper price has posted positive closings after a reversal from the support low of 1350.30, however, we can observe a decline in Ol level to 8630 lots, indicating cautions and questioning on the strength of the recent momentum.
We are expecting Moderately Bullish trend in Copper in the upcoming week and traders should look for Buy-on-dips opportunity.
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Prediction given by Technical Research Team - Choice.
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30 September 2026
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