AntMwah

Persistent rejection of 200MA

COMEX:HG1!   Copper Futures
Although I like the hard bounce and double bottom here, the rejection of the 200 week MA would concern me. Previously taking and holding this level looks to have been important - see highlighted areas.

I’m going to keep an eye on this for direction.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.