Commodity: Copper Technical Analysis, News & Trade Signals
22 Apr 2022
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COPPER Technical Analysis: Weekly Chart

In the weekly charts, COPPER is trading in an upward channel.
It is trading below MA (5) but above MA (20) and MA (50).
The immediate support is at 4.5248 and the resistance level is at 4.8486
COPPER is trading in an upward channel until there is a trend reversal.
COPPER Technical Analysis: Daily Chart

In the daily charts, COPPER is trading in an upward channel.
It is trading below all SMAs: MA (5), MA (20), and MA (50).
The immediate support is at 4.6425 and the resistance level is at 4.7989
COPPER is trading in an upward channel until there is a trend reversal.
How to trade COPPER this week:
COPPER is trading in an upward channel until there is a trend reversal and the following opportunity can be taken: