Metals in focus as bullish Copper posts 0.99% gain

After closing the previous trading day at $3.74, Copper is up to $3.78 per pound, which makes for a move of 0.99%/3.7 cents today.

United States ISM Manufacturing PMI (Jun) is next today at 14:00 UTC.

Copper's lower Bollinger Band® is at $3.69, indicating that the market is oversold and fertile for new buyers.

Overall, looking at the technical analysis landscape, it seems Copper might continue pointing upwards in the short term.

While the Copper future is higher so far today, these Metals commodities are underperforming: Platinum is trading around $905.5 (down $7.7). Gold is down to $1,923.7, losing $5.7, after closing at $1,929.4 in the preceding trading session.

Furthermore, the market is looking at United States ISM Manufacturing PMI (Jun) is scheduled for today at 14:00 UTC.

The Copper future is now trading 7.95% below its 3-month high of $4.27.