Copper created record highs this month, where it peaked at a high of $5.0395,
breaching the previous all-time high from February 2011 once again.
The previous all-time high is proving to be a strong level of resistance as price
is unable to remain above this level for lengthy periods of time.
There is now a long wick above this month’s candle as the sellers have pushed
price down, but the candle's body remains bullish.
$4.6495 is now a support level and should price decline further, it could hold
price up, giving price enough momentum to make a new all-time high.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime
breaching the previous all-time high from February 2011 once again.
The previous all-time high is proving to be a strong level of resistance as price
is unable to remain above this level for lengthy periods of time.
There is now a long wick above this month’s candle as the sellers have pushed
price down, but the candle's body remains bullish.
$4.6495 is now a support level and should price decline further, it could hold
price up, giving price enough momentum to make a new all-time high.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Join Our Private Community
bit.ly/join-ST-community
Plus Get Our Ultimate Stock Market Blueprint.
bit.ly/join-ST-community
Plus Get Our Ultimate Stock Market Blueprint.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.