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Copper (HG)

Daily Continuous HG:

After powering through Daily Pivot @2.170 on exploding volume, copper has spent a month in a consolidation W extension. Pull back on light volume was contained by 30 Day MA…A break above 2.71 should follow through to 3.100. As long as we hold 30 day MA we remain bullish.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trend-line Resistance 2.660

 

Weekly: We are in Resistance Territory.. Ant break out from 2.88-3.100 range would indicate a long term bull market..