Technical Analysis For Copper Today 13-08-2019 23:00:04


In 1 hour chart Copper price continues to trade at 449.8 and above the (Exponential Moving Average)EMA200 value of 443.287 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 443.287 is proving a tough nut to crack.

Pivot (invalidation): 445.383

Our preference: Long positions above 446.317

Alternative scenario: Below 443.967 look for further downside.

Support Resistance Levels For Copper Today at 13-08-2019 23:00:04

Pivot: 445.383

Resistance 1: 446.317

Resistance 2: 447.733

Resistance 3: 448.667

Support 1: 443.967

Support 2: 443.033

Support 3: 441.617

Yesterday High Low Close For Copper

Yesterday High: 446.8

Yesterday Low: 444.45

Yesterday Close: 444.9

Today at 13-08-2019 23:00:04 Copper trading at 449.8 with high of 451.2 and low of 443.75

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