In 1 hour chart Copper price continues to trade at 432.6 and below the (Exponential Moving Average)EMA200 value of 433.951 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 433.951 is proving a tough nut to crack.
Pivot (invalidation): 429.4