Copper Rebounds from Middle East War Losses

Copper prices continued to rise, erasing the losses caused by the more than six-week conflict in the Middle East. Market participants focused on copper’s price movements while assessing the potential outcomes of peace negotiations between the United States and Iran. The long‑term balance of supply and demand sent a positive signal as geopolitical uncertainties eased. Investors may expect stability in copper prices as geopolitical risks decline, although market volatility could persist. This is not investment advice.

📊 COPPER — Piyasa Yorumu

▲ up · 70%

The pullback of losses caused by the Middle East conflict eases concerns over copper supply. Technical indicators show the price is above the 20‑ and 50‑day moving averages, the RSI sits around 60 at a moderate level, and although the MACD is just below the signal line, the price remains in an uptrend. A modest price rebound is projected over a 1‑ to 3‑day horizon. However, global economic factors and volatility in energy prices could pose risks. Consequently, risk management is essential when taking positions.

RSI 14

60.1

MACD

0.02

24h Δ

1.23%

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