Copper Price Forecast for Next Week

Copper Price Forecast for Next Week (13th - 17th October 2025)

Copper prices faced selling pressure on Friday as renewed U.S.--China trade tensions unsettled market sentiment. Until then, the rally had been underpinned by investor optimism, supply disruptions, and a structural deficit narrative driven by the green-energy transition. However, any further escalation in trade frictions between the world’s two largest economies could derail already fragile global growth and weigh on industrial metals in the near term.

Copper price in the Indian market achieved a new high at 1026.45, followed by a sharp decline of -6.3% from the high, closing the week at 969.00 and forming a shooting star pattern on the weekly chart frame. After this significant move, the immediate support level stands at 957 while resistance is placed at 1000.

Copper prices continue to trade above their key moving averages, with 50, 100, and 200 DEMA levels positioned at 910.46, 919.28, and 932.71 respectively, signaling ongoing bullish momentum. Crucial weekly support remains firm at 957, while the psychological hurdle is established at 1000. OI (Open Interest) trends, there has been a decline of around 1000 lots, indicating some unwinding after reaching recent highs. RSI is currently seen near 58.70 on the daily chart and 70.19 on the weekly chart, suggesting that while momentum has cooled from overbought territory, it remains in strong territory. The technical setup, with the shooting star formation and reduction in OI, points to increased volatility and possible reversal risks.

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.