kumocast

Copper Price Prediction Today (HG) – November 1, 2026

LIVE · next update ~
Alex Wu, Independent market analystModel by · auto-updated
Futures market closed · opens in 1 h 40 min – showing the 24/7 Hyperliquid (trade.xyz) price

Copper price: $6.5244

+0.09% 24h

Light rain

slightly bearish · confidence 54%

Copper analysis today

A light drizzle over Copper: sellers have a small edge. Copper is trading at $6.5244, up 0.09% over the last 24 hours, after moving between $6.5089 and $6.5306.

Our model's mood score is -26 out of 100 (slightly bearish). The nearest ceiling (resistance) is $6.5344 and the nearest floor (support) is $6.5014. For the next 24 hours we expect Copper to stay roughly between $6.4708 and $6.5718.

If buyers push through $6.5344, the next stop is around $6.5446. A drop below $6.5014 would put $6.4828 in focus. Copper in brief – Copper is a barometer of global growth: Chinese demand, construction, power grids and electric vehicles drive it.

The bigger picture: +0.49% in 7 days and −1.02% in 30 days for Copper. Price is 0.15% under resistance and 0.35% over support; for comparison, Copper usually moves around 1.11% a day.

See all gold, silver & oil price predictions today →Related: S&P 500 prediction

Copper chart: last 48 hours and next 24

The line shows the real Copper price for the last 48 hours; the shaded cone is where our model expects it to stay over the next 24 hours.

NowCeiling$6.5344Floor$6.501400:0012:0000:0012:0000:0012:00UTC

Forecast ranges: 4 hours, 24 hours, 7 days

Balloon height = likely range. About two times out of three, Copper should stay inside each balloon.

Now $6.5244$6.5437$6.5025Next 4 hours$6.5718$6.4708Next 24 hours$6.7061$6.3234Next 7 days
  • Next 4 hours: $6.5025 – $6.5437
  • Next 24 hours: $6.4708 – $6.5718
  • Next 7 days: $6.3234 – $6.7061

Buyers vs sellers

Buyers versus sellers over the last day, measured by the value traded in up-candles and down-candles.

Sellers 50%Buyers 50%

Buyers 50% · Sellers 50% (last 24h)

Order-book mountains

Where are the big orders? Bids on the left, asks on the right, the largest walls flagged.

$6.5081$6.5244Buy orders$6.5407$6.557$6.5244Sell orders

Sunny vs rainy: what happens next?

The two scenarios to watch for Copper today.

Sunny scenario

If $6.5244 breaks above $6.5344 → $6.5446

42%

Rainy scenario

If it breaks below $6.5014 → $6.4828

58%

Mood dials

Our indicator dashboard: trend, momentum and stretch at a glance.

  • RSI (14, daily)

    46

    Neutral

    balanced

  • MACD (4h)

    Above signal

    Bullish

    momentum is pointing up

  • Trend (EMA 20/50, 4h)

    Downtrend

    Bearish

    short trend is below the medium trend

  • Long trend (EMA 200, daily)

    Price above

    Bullish

    long-term trend is up

  • Stochastic (4h)

    92

    Bearish

    stretched to the upside

  • Trend strength (ADX)

    14

    Neutral

    no strong trend – range trading

  • Bollinger position (daily)

    37%

    Neutral

    inside the normal band

  • What the dials say

    2 of 7 indicators lean bullish and 2 lean bearish. RSI (14, daily): balanced; MACD (4h): momentum is pointing up; Trend (EMA 20/50, 4h): short trend is below the medium trend.

Hour-by-hour weather

Hour-by-hour weather so far: sun for rising hours, rain for falling ones.

  1. 09:00Cloudy−0.02%
  2. 10:00Partly sunny+0.08%
  3. 11:00Cloudy−0.06%
  4. 12:00Cloudy+0.04%
  5. 13:00Cloudy−0.04%
  6. 14:00Cloudy−0.03%
  7. 15:00Cloudy+0.00%
  8. 16:00Cloudy+0.05%
  9. 17:00Cloudy−0.01%
  10. 18:00Cloudy−0.04%
  11. 19:00Cloudy+0.02%
  12. 20:00Cloudy+0.00%

Today in one line: 1 of the last 12 hours were bright for Copper; the day is net positive so far.

The sun's path: trading sessions

How Copper behaved in each of today's three main sessions.

AsiaLondonNew York

  • Asia

    Done

    High $6.5245 · Low $6.5089

    +0.04%

  • London

    Done

    High $6.5306 · Low $6.512

    +0.07%

  • New York

    Done

    High $6.5301 · Low $6.5178

    −0.04%

Copper 7-day forecast

The week ahead, one row per day, with the expected range and direction.

likely rangeprice now▲ / ▼ change of the range middle vs now

  1. MondayNov 2

    Light rain – likely between $6.4486 and $6.5934

    ▼ 0.06%
  2. TuesdayNov 3

    Light rain – likely between $6.4153 and $6.62

    ▼ 0.12%
  3. WednesdayNov 4

    Light rain – likely between $6.389 and $6.6396

    ▼ 0.17%
  4. ThursdayNov 5

    Cloudy – likely between $6.3664 and $6.6555

    ▼ 0.23%
  5. FridayNov 6

    Cloudy – likely between $6.3461 and $6.6691

    ▼ 0.29%
  6. SaturdayNov 7

    Cloudy – likely between $6.3274 and $6.6811

    ▼ 0.35%
  7. SundayNov 8

    Cloudy – likely between $6.31 and $6.6918

    ▼ 0.40%

Copper price prediction 2026–2030

Long-term scenarios from pure statistics: Copper's yearly volatility is about 23% and its trend was +11.92% over the past year. The base case keeps only a small, capped part of that trend; the bear and bull cases show the 10% and 90% edges of the likely spread.

Year endBear caseBase caseBull case
2026$5.8369$6.5602+0.55%$7.3731
2027$4.9626$6.7857+4.00%$9.2786
2028$4.5797$7.0196+7.59%$10.7594
2029$4.3324$7.2609+11.29%$12.1688
2030$4.1534$7.5104+15.11%$13.5809

Price today: $6.5244 (black line). Nobody can know where Copper will trade in five years – these ranges show how far it could plausibly travel given its own history, not a promise. Not financial advice.

How accurate is our Copper forecast?

We replay the daily version of the Kumocast range model on the last 30 finished days, using only data that was available before each day. A good one-standard-deviation range should catch the next close about 68% of the time.

77%Next-day range hit rate23 of 30 days closed inside the range (target ≈68%)
100%7-day range hit rate30 of 30 weekly ranges held
±1.1%Average daily rangehow wide the next-day range was on average – narrower means a calmer market

Last 30 days

  1. 2026-10-02: inside range
  2. 2026-10-03: inside range
  3. 2026-10-04: inside range
  4. 2026-10-05: inside range
  5. 2026-10-06: inside range
  6. 2026-10-07: inside range
  7. 2026-10-08: outside range
  8. 2026-10-09: outside range
  9. 2026-10-10: inside range
  10. 2026-10-11: inside range
  11. 2026-10-12: inside range
  12. 2026-10-13: inside range
  13. 2026-10-14: outside range
  14. 2026-10-15: inside range
  15. 2026-10-16: inside range
  16. 2026-10-17: inside range
  17. 2026-10-18: inside range
  18. 2026-10-19: inside range
  19. 2026-10-20: inside range
  20. 2026-10-21: inside range
  21. 2026-10-22: outside range
  22. 2026-10-23: outside range
  23. 2026-10-24: inside range
  24. 2026-10-25: inside range
  25. 2026-10-26: inside range
  26. 2026-10-27: outside range
  27. 2026-10-28: inside range
  28. 2026-10-29: outside range
  29. 2026-10-30: inside range
  30. 2026-10-31: inside range

close inside the rangeclose outside

Verdict: over the last month the Copper ranges were well calibrated. Past accuracy does not guarantee future results. How we score ourselves

Why is Copper moving? News and events

The forecast is pure maths, but prices react to news. Here are the latest Copper headlines and the scheduled economic releases that could move it this week.

Latest headlines

Headlines via Google News. Kumocast does not write or endorse them.

Copper live update log

Every 30 minutes Kumo checks the sky again. Newest first.

z z

Market closed – next update when Futures market opens

TODAY6

  1. $6.5244+0.01%Quiet half hour: Copper held near $6.5244
  2. $6.524−0.00%Calm skies: Copper stayed close to $6.524
  3. $6.5243+0.02%Copper drifted sideways around $6.5243
  4. $6.5228−0.00%Quiet half hour: Copper held near $6.5228
  5. $6.5229−0.05%Copper eased lower to $6.5229 (−0.05%)
  6. $6.5263+0.00%Copper drifted sideways around $6.5263
Show all 16 updates
  1. $6.526+0.01%Quiet half hour: Copper held near $6.526
  2. $6.5255−0.02%Calm skies: Copper stayed close to $6.5255
  3. $6.5265+0.04%Copper drifted sideways around $6.5265
  4. $6.5241+0.02%Quiet half hour: Copper held near $6.5241
  5. $6.5229−0.03%Calm skies: Copper stayed close to $6.5229
  6. $6.5248+0.06%Buyers lifted Copper to $6.5248 (+0.06%)
  7. $6.5208−0.03%Quiet half hour: Copper held near $6.5208
  8. $6.523−0.01%Calm skies: Copper stayed close to $6.523
  9. $6.5239+0.00%Copper drifted sideways around $6.5239
  10. $6.5238−0.03%Quiet half hour: Copper held near $6.5238

Copper prediction FAQ

What is the Copper price prediction for today?

For today we expect Copper to trade mostly between $6.4708 and $6.5718. The outlook is light rain (slightly bearish), with a 42% chance of the sunny scenario playing out first. This range is updated every 30 minutes.

What is the Copper prediction for tomorrow?

For Monday our model points to a range of $6.4486 to $6.5934, centred near $6.5206 (−0.06% from now).

Is Copper going up or down?

Right now the signals are slightly bearish: 2 indicators lean up and 2 lean down. Copper is up 0.49% over the past week.

What are the Copper support and resistance levels?

The nearest resistance (ceiling) is $6.5344 and the nearest support (floor) is $6.5014. Today's classic pivot point is $6.5137, with R1 at $6.5323 and S1 at $6.5014.

What is the Copper forecast for this week?

Over the next 7 days we expect Copper to stay roughly between $6.3234 and $6.7061. Weekly ranges are wider because uncertainty grows with time.

Is Copper a buy or a sell today?

We don't tell anyone to buy or sell Copper. Right now 2 indicators read bullish, 3 neutral and 2 bearish – use that as one input, together with your own plan and a stop-loss.

How volatile is Copper right now?

Copper has a typical daily move of about 1.11% based on the last 60 days. In the last 24 hours it moved between $6.5089 and $6.5306.

How accurate is this Copper prediction?

Our ranges are statistical: about two out of three times, price is expected to stay inside the 24-hour range. Markets can and do break out of any range, especially around news.

How often is this Copper analysis updated?

Every 30 minutes while the market is trading. The time of the last update is shown at the top of the page.

Where does the Copper price data come from?

Prices come from public exchange data (with automatic backup sources). See our methodology page for details.

What is the Copper price prediction for 2030?

Our statistical base case for the end of 2030 is about $7.5104, with a wide 80% range from $4.1534 (bear case) to $13.5809 (bull case). It is built from Copper's own volatility and a heavily shrunk version of its past-year trend, so treat it as a scenario, not a target.

Where could Copper be at the end of 2027?

For the end of 2027 the model's base case is $6.7857 (+4.00% from today), with a bear case near $4.9626 and a bull case near $9.2786. The range is refreshed every 30 minutes as new prices arrive.

Alex Wu, Independent market analyst

About the analyst

Alex Wu

Independent market analyst

Independent market analyst focused on crypto, DeFi, perps and FX. Driven by data. Alex designed the Kumocast weather model and reviews its methodology.

The numbers on this page are produced automatically every 30 minutes by the Kumocast engine – there are no hand-picked calls. Alex sets the rules, checks the accuracy tracker and updates the methodology when the model changes.

Follow @OnchainUalexwu@kumocast.io

How we make this forecast

Every 30 minutes Kumocast reads public price data and runs it through seven classic indicators, support and resistance detection and a volatility model. The weather word sums up the combined mood score, from −100 (rainy) to +100 (sunny). Ranges are statistical estimates, not promises. Read the full methodology

Data: Hyperliquid (trade.xyz)

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