Copper Trend Today Technical Analysis for 04-12-2019 23:00:04


In 1 hour chart Copper price continues to trade at 431.55 and below the (Exponential Moving Average)EMA200 value of 432.944 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Buy 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 432.944 is proving a tough nut to crack.

Pivot (invalidation): 429.683

Our preference: Long positions above 431.167

Alternative scenario: Below 426.767 look for further downside.

Support Resistance Levels For Copper Today at 04-12-2019 23:00:04

Pivot: 429.683

Resistance 1: 431.167

Resistance 2: 434.083

Resistance 3: 435.567

Support 1: 426.767

Support 2: 425.283

Support 3: 422.367

Yesterday High Low Close For Copper

Yesterday High: 432.6

Yesterday Low: 428.2

Yesterday Close: 428.25

Today at 04-12-2019 23:00:04 Copper trading at 431.55 with high of 432.5 and low of 427.75

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