Technical Analysis For Copper Today 15-07-2019 16:00:03
by wealthmann
July 15, 2019
92
In 1 hour chart Copper price continues to trade at 445.05 and above the (Exponential Moving Average)EMA200 value of 434.625 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Buy 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 434.625 is proving a tough nut to crack.
Pivot (invalidation): 442.8