Copper Trend Today Technical Analysis for 29-11-2019 17:00:04


In 1 hour chart Copper price continues to trade at 428.95 and below the (Exponential Moving Average)EMA200 value of 434.069 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 434.069 is proving a tough nut to crack.

Pivot (invalidation): 431.917

Our preference: Long positions above 434.883

Alternative scenario: Below 430.433 look for further downside.

Support Resistance Levels For Copper Today at 29-11-2019 17:00:04

Pivot: 431.917

Resistance 1: 434.883

Resistance 2: 436.367

Resistance 3: 439.333

Support 1: 430.433

Support 2: 427.467

Support 3: 425.983

Yesterday High Low Close For Copper

Yesterday High: 433.4

Yesterday Low: 428.95

Yesterday Close: 433.4

Today at 29-11-2019 17:00:04 Copper trading at 428.95 with high of 430.65 and low of 428.6

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