Commodity: Copper Technical Analysis, News & Trade Signals
15 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 above all SMAs: MA (5), MA (20), and MA (50).
The immediate support is 4.4512 and the resistance level is at 4.8248
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 above all SMAs: MA (5), MA (20), and MA (50).
The immediate support is 4.6404 and the resistance level is at 4.7606
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. If the price moves up further, the following opportunity can be taken: