Copper (HG1) Up $0.01 in Last 4 Hours, 2 Day Up Streak Ended; in an Uptrend Over Past 30 Days

Copper Daily Price Recap

3.5275 was the closing price of the day for Copper, resulting in today being one in which price moved down 1.3% ($0.05) from the day prior. Relative to other instruments in the metals asset class, Copper ranked 4th since the day prior in terms of percentage price change. Here is a daily price chart of Copper.

HG1

Copper Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 5 out of the past 10 days.