Technical Analysis For Copper Today 11-09-2019 15:00:04


In 1 hour chart Copper price continues to trade at 452.4 and above the (Exponential Moving Average)EMA200 value of 447.3 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 447.3 is proving a tough nut to crack.

Pivot (invalidation): 453.067

Our preference: Long positions above 455.533

Alternative scenario: Below 451.383 look for further downside.

Support Resistance Levels For Copper Today at 11-09-2019 15:00:04

Pivot: 453.067

Resistance 1: 455.533

Resistance 2: 457.217

Resistance 3: 459.683

Support 1: 451.383

Support 2: 448.917

Support 3: 447.233

Yesterday High Low Close For Copper

Yesterday High: 454.75

Yesterday Low: 450.6

Yesterday Close: 453.85

Today at 11-09-2019 15:00:04 Copper trading at 452.4 with high of 455.35 and low of 451.6

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