Copper (HG1) Down $0 in Last 4 Hours, Started Today Down 0.05%; Pin Bar Pattern Appearing on Chart

Copper Daily Price Recap

Copper entered today at $3.058, down 0.05% ($0) from the previous day. Out of the 5 instruments in the metals asset class, Copper ended up ranking 2nd for the day in terms of price change relative to the previous day. Let’s take a look at the daily price chart of Copper.

HG1

Copper Technical Analysis

The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 10 days Copper’s price has gone up 7 them. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!

Overheard on Twitter

For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Copper for the past day were:

  • From aestheticxen1:

    @KingDingusKhan @Skelebone_Jonez @ryan__hodg That’s because they were at the mercy of copper price fluctuations during that time, and the price of Copper declined internationally lol.

  • From CryptoKChicago:

    @GerberKawasaki Freeport? Copper!!! Commodity play? Than buy wesco they will benefit the most on economic rebound with higher copper price

  • From LondonAIMCap:

    @BazLogicUK @Michael65769312 @1 Copper price today [spot] = US$3.08 per lb
    Copper price today [per ton]=US$6,160