Copper Futures Bullish Outlook as Elliott Wave Analysis Predicts Near‑Term Upside

Copper futures (HG #F) are trading within a bullish Elliott Wave pattern, with price holding above the 6.2820 support level. Analysts expect the next move to push the contract toward 6.858, completing the current five‑wave impulsive sequence, before a corrective pullback that should stay above 6.479.

On a higher‑timeframe the wave count points to a further advance to around 6.981, which would mark the equal‑leg target for the larger wave structure. The forecast remains bullish, with any short‑term pullbacks expected to find support at multiple swing levels, keeping the overall uptrend intact.