Technical Analysis For Copper Today 29-08-2019 23:00:04


In 1 hour chart Copper price continues to trade at 441.5 and below the (Exponential Moving Average)EMA200 value of 443.572 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our Sell overview conditioned by the price stability below

However, if Copper continues to trade below level, that could be an extraordinarily Bearish sign for Copper

Even so, the 200-candle Exponential moving average (EMA) price range of 443.572 is proving a tough nut to crack.

Pivot (invalidation): 442.25

Our preference: Long positions above 445.5

Alternative scenario: Below 440.15 look for further downside.

Support Resistance Levels For Copper Today at 29-08-2019 23:00:04

Pivot: 442.25

Resistance 1: 445.5

Resistance 2: 447.6

Resistance 3: 450.85

Support 1: 440.15

Support 2: 436.9

Support 3: 434.8

Yesterday High Low Close For Copper

Yesterday High: 444.35

Yesterday Low: 439

Yesterday Close: 443.4

Today at 29-08-2019 23:00:04 Copper trading at 441.5 with high of 446.9 and low of 441.4

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