Technical Analysis For Copper Today 12-07-2019 19:00:03

In 1 hour chart Copper price continues to trade at 441.15 and above the (Exponential Moving Average)EMA200 value of 433.501 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 433.501 is proving a tough nut to crack.

Pivot (invalidation): 440.9

Our preference: Long positions above 442.65

Alternative scenario: Below 439.65 look for further downside.

Support Resistance Levels For Copper Today at 12-07-2019 19:00:03

Pivot: 440.9

Resistance 1: 442.65

Resistance 2: 443.9

Resistance 3: 445.65

Support 1: 439.65

Support 2: 437.9

Support 3: 436.65

Yesterday High Low Close For Copper

Yesterday High: 442.15

Yesterday Low: 439.15

Yesterday Close: 441.4

Today at 12-07-2019 19:00:03 Copper trading at 441.15 with high of 444.8 and low of 440.5

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