Copper Trend Today Technical Analysis for 29-11-2019 21:00:05
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 21:00:05
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 21:00:05 Copper trading at 428.95 with high of 430.65 and low of 428.6
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