Copper Holds Steady at $6.702, Awaiting Breakout

Copper has steadied at $6.702 after a brief pullback, remaining within a narrow trading band that traders are watching for a potential breakout. The metal’s price has been oscillating around the $6.70 mark, with market participants keen to see whether it can push beyond the upper boundary of the current range. Supply concerns and demand from key end‑use sectors continue to weigh on the metal’s trajectory, and analysts remain cautious, noting that a sustained move above the resistance level could signal renewed bullish momentum.