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

wp-header-logo-381.png

In 1 hour chart Copper price continues to trade at 441.35 and above the (Exponential Moving Average)EMA200 value of 438.951 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 438.951 is proving a tough nut to crack.

Pivot (invalidation): 440.8

Our preference: Long positions above 443.1

Alternative scenario: Below 439.6 look for further downside.

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

Pivot: 440.8

Resistance 1: 443.1

Resistance 2: 444.3

Resistance 3: 446.6

Support 1: 439.6

Support 2: 437.3

Support 3: 436.1

Yesterday High Low Close For Copper

Yesterday High: 442

Yesterday Low: 438.5

Yesterday Close: 441.9

Today at 05-11-2019 11:00:04 Copper trading at 441.35 with high of 441.85 and low of 440.85

Leave a Reply

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