Technical Analysis For Copper Today 23-07-2019 11:00:03

In 1 hour chart Copper price continues to trade at 453.95 and above the (Exponential Moving Average)EMA200 value of 443.742 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 443.742 is proving a tough nut to crack.

Pivot (invalidation): 456.083

Our preference: Long positions above 457.667

Alternative scenario: Below 453.317 look for further downside.

Support Resistance Levels For Copper Today at 23-07-2019 11:00:03

Pivot: 456.083

Resistance 1: 457.667

Resistance 2: 460.433

Resistance 3: 462.017

Support 1: 453.317

Support 2: 451.733

Support 3: 448.967

Yesterday High Low Close For Copper

Yesterday High: 458.85

Yesterday Low: 454.5

Yesterday Close: 454.9

Today at 23-07-2019 11:00:03 Copper trading at 453.95 with high of 455.8 and low of 453.8

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