Technical Analysis For Copper Today 18-07-2019 21:00:04

In 1 hour chart Copper price continues to trade at 446.9 and above the (Exponential Moving Average)EMA200 value of 438.924 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 438.924 is proving a tough nut to crack.

Pivot (invalidation): 445.5

Our preference: Long positions above 448.5

Alternative scenario: Below 443.85 look for further downside.

Support Resistance Levels For Copper Today at 18-07-2019 21:00:04

Pivot: 445.5

Resistance 1: 448.5

Resistance 2: 450.15

Resistance 3: 453.15

Support 1: 443.85

Support 2: 440.85

Support 3: 439.2

Yesterday High Low Close For Copper

Yesterday High: 447.15

Yesterday Low: 442.5

Yesterday Close: 446.85

Today at 18-07-2019 21:00:04 Copper trading at 446.9 with high of 448.5 and low of 445.7

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.