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

In 1 hour chart Copper price continues to trade at 455.5 and above the (Exponential Moving Average)EMA200 value of 439.485 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 439.485 is proving a tough nut to crack.

Pivot (invalidation): 447.317

Our preference: Long positions above 448.933

Alternative scenario: Below 446.133 look for further downside.

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

Pivot: 447.317

Resistance 1: 448.933

Resistance 2: 450.117

Resistance 3: 451.733

Support 1: 446.133

Support 2: 444.517

Support 3: 443.333

Yesterday High Low Close For Copper

Yesterday High: 448.5

Yesterday Low: 445.7

Yesterday Close: 447.75

Today at 19-07-2019 11:00:04 Copper trading at 455.5 with high of 456.4 and low of 453.4

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