Archive for Tag: trading copper

price of copper futures

Copper bounces back as production complication threatens supply

The price of copper futures, on COMEX, is up 0.43% at $4.6720 per pound on Thursday. Copper prices bounced back on Thursday, after declining on Thursday, as a spate of production problems threaten to cut supply. Also boosting metals was a weaker dollar, pushing greenback-denominated metals higher as it...

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copper futures price

Copper prices remain muted amid the supply shortage crisis

The copper futures price is up 0.24% at $4.7235 per pound on COMEX. According to analysts, copper price is expected to soar due to low global inventories and the Russia-Ukraine conflict. Goldman Sachs, on Thursday, released a report pointing out “an extreme fundamental turn” for the first time in...

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Copper Futures Technical Analysis

Copper Futures Technical Analysis & Trade Signals

Copper Futures Technical Analysis: Weekly Chart In the weekly charts, Copper futures is trading within an ascending triangle. It is trading below MA (5) but above MA (20) and MA (50). The immediate support is 4.5816 and the resistance level is at 4.9166 Copper futures is trading within an...

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