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Copper has been struggling to get terms with the freak trade high of 3.452 and has been trending down gradually.

copper

Copper 15 minutes chart is reeling under selling pressure with prices below the Ichimoku cloud and system turning to SELL mode with resistance at 3.41 levels for today.

copper

Copper hourly chart above is still in good trend and prices are very close to Hourly Ichimoku cloud which should support now and failure at this level will bring in more downside.

Hourly support at 3.39 levels and resistance at 3.44 levels.

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