Technical Analysis For Copper Today 11-07-2019 19:00:04

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In 1 hour chart Copper price continues to trade at 441.05 and above the (Exponential Moving Average)EMA200 value of 432.071 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our Buy overview conditioned by the price stability above

However, if Copper continues to trade above level, that could be an extraordinarily Bullish sign for Copper

Even so, the 200-candle Exponential moving average (EMA) price range of 432.071 is proving a tough nut to crack.

Pivot (invalidation): 439.683

Our preference: Long positions above 445.567

Alternative scenario: Below 436.467 look for further downside.

Support Resistance Levels For Copper Today at 11-07-2019 19:00:04

Pivot: 439.683

Resistance 1: 445.567

Resistance 2: 448.783

Resistance 3: 454.667

Support 1: 436.467

Support 2: 430.583

Support 3: 427.367

Yesterday High Low Close For Copper

Yesterday High: 442.9

Yesterday Low: 433.8

Yesterday Close: 442.35

Today at 11-07-2019 19:00:04 Copper trading at 441.05 with high of 442.15 and low of 439.15

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