Technical Analysis For Copper Today 22-07-2019 16:00:03

In 1 hour chart Copper price continues to trade at 455.85 and above the (Exponential Moving Average)EMA200 value of 442.547 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 442.547 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 16:00:03

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 16:00:03 Copper trading at 455.85 with high of 458.85 and low of 454.8

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