Copper Trend Today Technical Analysis for 08-11-2019 20:00:04


In 1 hour chart Copper price continues to trade at 443.4 and above the (Exponential Moving Average)EMA200 value of 440.907 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 440.907 is proving a tough nut to crack.

Pivot (invalidation): 444.167

Our preference: Long positions above 447.683

Alternative scenario: Below 442.133 look for further downside.

Support Resistance Levels For Copper Today at 08-11-2019 20:00:04

Pivot: 444.167

Resistance 1: 447.683

Resistance 2: 449.717

Resistance 3: 453.233

Support 1: 442.133

Support 2: 438.617

Support 3: 436.583

Yesterday High Low Close For Copper

Yesterday High: 446.2

Yesterday Low: 440.65

Yesterday Close: 445.65

Today at 08-11-2019 20:00:04 Copper trading at 443.4 with high of 445.5 and low of 443.1

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