Copper spiked into 5.8750 but is now consolidating just below short-term resistance at 5.6448, showing signs of a bullish continuation pattern. Price remains supported at the 5.4864 zone.
Currently trading at 5.4864, with
Support at: 5.4864 / 5.3157 / 4.9929 🔽
Resistance at: 5.6448 / 5.8750 🔼
🔎 Bias:
🔼 Bullish: Break above 5.6448 could push price toward 5.8750 and beyond.
🔽 Bearish: Loss of 5.4864 may trigger downside toward 5.3157.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Currently trading at 5.4864, with
Support at: 5.4864 / 5.3157 / 4.9929 🔽
Resistance at: 5.6448 / 5.8750 🔼
🔎 Bias:
🔼 Bullish: Break above 5.6448 could push price toward 5.8750 and beyond.
🔽 Bearish: Loss of 5.4864 may trigger downside toward 5.3157.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.