Technical Analysis For Copper Today 14-08-2019 22:00:04


In 1 hour chart Copper price continues to trade at 448.05 and above the (Exponential Moving Average)EMA200 value of 443.965 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 443.965 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 22:00:04

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 22:00:04 Copper trading at 448.05 with high of 450.15 and low of 446.2

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