Is it the end of Copper's rally? After three days of gains, it is down by 0.33% today

Copper is down to $3.88 per pound, after ending Friday at $3.89. Overall, a 0.33% loss or 1.3 cents today.

Bollinger Bands® shows an indication of recovery: the lower band is at $3.81, a low enough level to, generally, suggest that Copper is trading below its fair value.

Despite suffering losses in today's session, technical analysis is indicating that the Copper future will undergo a significant bounce in the immediate term.

In the meantime, negative performances are also seen in other Metals as Platinum closed at $1,079.3 (down 0.99%). Palladium slumps 1.15% to trade around $1,492.5. Gold retreats 0.23% to trade around $1,994.5.

Furthermore, United States JOLTs Job Openings (Mar) is expected tomorrow at 14:00 UTC. United States ISM Manufacturing PMI (Apr) is scheduled for today at 14:00 UTC.

The Copper future has shed 7.57% over the past three months.