Copper (HG1) Up $0 in Last 4 Hours, in an Uptrend Over Past 90 Days; Pin Bar Pattern Appearing on Chart

Copper 4 Hour Price Update

Updated November 13, 2020 01:57 AM GMT (09:57 PM EST)

The choppiness in the recent four-hour candle price action of Copper continues; to start the current 4 hour candle, it came in at a price of 3.126 US dollars, up 0.03% ($0) since the last 4 hour candle. Those trading within the metals asset class should know that Copper was the worst performer in the class the current 4 hour candle.

Copper Daily Price Recap

The choppiness in the recent daily price action of Copper continues; to start today, it came in at a price of 3.126 US dollars, up 0.03% ($0) since 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. Let’s take a look at the daily price chart of Copper.

HG1

Copper Technical Analysis

The clearest trend exists on the 14 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. As for those who trade off of candlesticks, we should note that we’re seeing pin bar pattern appearing here.

Overheard on Twitter

Behold! Here are the top tweets related to Copper:

  • From LosAndesCopper:

    London #copper price has reached a two-and-a-half year peak following the vaccine news, which has prompted hopes for the recovery of economies. Future stimulus is also behind the gain, as UK government spending on infrastructure increases #LAC $LAC #mining

  • From BATTcables:

    Copper price on 11 Nov 2020, £5,226.05 per tonne.

  • From jjandorl2:

    theft timecopper price has went up