No change to copper price negativity – Analysis – 23-9-2021

2021-09-23 05:04:08 GMT (Economies.com)
 

Copper price didn’t move yesterday, to keep its negative stability below 4.4200 resistance line, affected by the moving average 55 forming additional barrier at 4.2700.

 

Therefore, we will keep waiting to gather the required additional negative momentum to reinforce the bearish track, to ease the mission of reaching the negative stations at 4.0500 and 3.8750.

 

The expected trading range for today is between 4.2800 and 4.0000

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1606
0.0036
0.3139%
1.3751
0.0123
0.9053%
Tadawul
11773.36
25.09
0.21%
23.335
0.700
3.090%
82.022
0.902
1.112%
84.86
0.86
1.02%
1767.855
13.150
0.749%
 
 
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