Copper (HG1) Down $0 Over Past 4 Hours, Entered Today Up 1.28%; in an Uptrend Over Past 14 Days

Copper 4 Hour Price Update

Updated December 18, 2020 01:58 AM GMT (09:58 PM EST)

The back and forth price flow continues for Copper, which started the current 4 hour candle off at 3.6 US dollars, down 0.01% ($0) from the last 4 hour candle. Out of the 5 instruments in the metals asset class, Copper ended up ranking 2nd for the four-hour candle in terms of price change relative to the last 4 hour candle.

Copper Daily Price Recap

Copper is up 1.28% ($0.05) since the day prior, marking the 3rd straight day an upward move has occurred. Relative to other instruments in the metals asset class, Copper ranked 2nd since the day prior in terms of percentage price change. Here is a daily price chart of Copper.

HG1

Copper Technical Analysis

Volatility for Copper has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 6 out of the past 10 days.