Copper Trend Today Technical Analysis for 04-11-2019 23:00:05


In 1 hour chart Copper price continues to trade at 440.7 and above the (Exponential Moving Average)EMA200 value of 438.873 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 438.873 is proving a tough nut to crack.

Pivot (invalidation): 438.367

Our preference: Long positions above 439.933

Alternative scenario: Below 436.733 look for further downside.

Support Resistance Levels For Copper Today at 04-11-2019 23:00:05

Pivot: 438.367

Resistance 1: 439.933

Resistance 2: 441.567

Resistance 3: 443.133

Support 1: 436.733

Support 2: 435.167

Support 3: 433.533

Yesterday High Low Close For Copper

Yesterday High: 440

Yesterday Low: 436.8

Yesterday Close: 438.3

Today at 04-11-2019 23:00:05 Copper trading at 440.7 with high of 441.9 and low of 438.5

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