COPPER / 7D low update
Aug 08, 11:34
COPPER Hits New 7D Low at 6.4554
COPPER fell to a new 7-day low of 6.4554, breaking below the prior 7D low of 6.461. The move represents a 0.09% decline from the recent extreme and remains above the 30-day level of 6.2014, suggesting no clear continuation of downside momentum yet.
Old 7D low
6.461
New 7D low
6.4554
Move
0.09%
30D / YTD
6.2014 / 5.0411
What changed
- New 7D low established at 6.4554, below prior 7D low of 6.461
- Price remains above 30D level of 6.2014, limiting downside follow-through
- Break size of 0.09% indicates shallow retracement, not structural shift