Technical Analysis For Copper Today 22-07-2019 11:00:03

In 1 hour chart Copper price continues to trade at 458.35 and above the (Exponential Moving Average)EMA200 value of 441.854 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 441.854 is proving a tough nut to crack.

Pivot (invalidation): 457.317

Our preference: Long positions above 461.233

Alternative scenario: Below 453.233 look for further downside.

Support Resistance Levels For Copper Today at 22-07-2019 11:00:03

Pivot: 457.317

Resistance 1: 461.233

Resistance 2: 465.317

Resistance 3: 469.233

Support 1: 453.233

Support 2: 449.317

Support 3: 445.233

Yesterday High Low Close For Copper

Yesterday High: 461.4

Yesterday Low: 453.4

Yesterday Close: 457.15

Today at 22-07-2019 11:00:03 Copper trading at 458.35 with high of 458.6 and low of 456.65

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