Copper Price Forecast for Next Week

Copper Price Forecast for Next Week (15th - 19th December 2025)

Copper prices extended their strong uptrend, posting a weekly gain of +4.5% and registering a fresh life-time high at 1124.90 before witnessing mild profit-booking in Friday’s session. Prices closed the week at 1096.80, reflecting healthy consolidation after a sharp rally. The broader trend remains positive despite near-term volatility at elevated levels.

MCX Copper December contract has remained in positive momentum for the third consecutive week, supported by a decisive breakout structure. Prices are comfortably trading above all key moving averages, with the 20, 50, 100, and 200-DEMA placed at 1060, 1026, 994.60, and 965 respectively—indicating strong underlying support and a sustained bullish structure.

Technical indicators continue to reflect strength, though signs of short-term cooling are emerging. RSI remains elevated near the upper zone (around the mid-60s), suggesting strong momentum without extreme overbought conditions. Volume participation has stayed firm during the breakout phase, while the recent price volatility signals selective profit-booking rather than a trend reversal. Open Interest declined by ~1,300 lots during the week, indicating long unwinding at higher levels even as prices stayed elevated—a characteristic of consolidation after an impulsive move.

Overall, the medium-term structure remains bullish, and traders may continue to adopt a buy-on-dips strategy, while exercising caution near higher resistance levels due to increased volatility.

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.