Copper is currently hovering near the 4.68152 🔼 resistance after rebounding from the 4.50280 🔽 support. Price is reacting to the 50-period SMA, which is slightly above current levels and may act as a dynamic resistance. The overall structure remains mixed with recent lower highs, but bulls have stepped in at key support.
Support at: 4.50280 🔽, 4.27241 🔽, 4.04129 🔽
Resistance at: 4.68152 🔼, 4.83230 🔼, 4.95323 🔼
Bias:
🔼 Bullish: A breakout and retest above 4.68152, and ideally a clean move above the 50 SMA, could signal bullish continuation toward 4.83230 and 4.95323.
🔽 Bearish: A strong rejection at 4.68152 or a drop below 4.50280 could send price back toward 4.27241.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Support at: 4.50280 🔽, 4.27241 🔽, 4.04129 🔽
Resistance at: 4.68152 🔼, 4.83230 🔼, 4.95323 🔼
Bias:
🔼 Bullish: A breakout and retest above 4.68152, and ideally a clean move above the 50 SMA, could signal bullish continuation toward 4.83230 and 4.95323.
🔽 Bearish: A strong rejection at 4.68152 or a drop below 4.50280 could send price back toward 4.27241.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。