Copper Trend Today Technical Analysis for 02-12-2019 22:00:04


In 1 hour chart Copper price continues to trade at 433.1 and below the (Exponential Moving Average)EMA200 value of 433.966 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 433.966 is proving a tough nut to crack.

Pivot (invalidation): 429.4

Our preference: Long positions above 430.2

Alternative scenario: Below 428.15 look for further downside.

Support Resistance Levels For Copper Today at 02-12-2019 22:00:04

Pivot: 429.4

Resistance 1: 430.2

Resistance 2: 431.45

Resistance 3: 432.25

Support 1: 428.15

Support 2: 427.35

Support 3: 426.1

Yesterday High Low Close For Copper

Yesterday High: 430.65

Yesterday Low: 428.6

Yesterday Close: 428.95

Today at 02-12-2019 22:00:04 Copper trading at 433.1 with high of 435 and low of 431.45

Leave a Reply

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