Technical Analysis For Copper Today 14-08-2019 21:00:03

wp-header-logo-1498.png

In 1 hour chart Copper price continues to trade at 447.45 and above the (Exponential Moving Average)EMA200 value of 443.924 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 443.924 is proving a tough nut to crack.

Pivot (invalidation): 448.383

Our preference: Long positions above 453.017

Alternative scenario: Below 445.567 look for further downside.

Support Resistance Levels For Copper Today at 14-08-2019 21:00:03

Pivot: 448.383

Resistance 1: 453.017

Resistance 2: 455.833

Resistance 3: 460.467

Support 1: 445.567

Support 2: 440.933

Support 3: 438.117

Yesterday High Low Close For Copper

Yesterday High: 451.2

Yesterday Low: 443.75

Yesterday Close: 450.2

Today at 14-08-2019 21:00:03 Copper trading at 447.45 with high of 450.15 and low of 446.2

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.