COPPER / 7D low update
Jul 17, 13:36
Copper Hits New 7‑Day Low While Holding Above 30‑Day Support
Copper fell to a new 7‑day low of 6.194, down from the prior 7‑day high of 6.200. The move stays above the 30‑day low of 5.986, suggesting a continuation of the downtrend rather than a reclaim of longer‑term support.
Old 7D low
6.2
New 7D low
6.194
Move
0.10%
30D / YTD
5.986 / 5.214
What changed
- Price dropped to a fresh 7‑day low, breaking the prior 7‑day peak.
- The low remains above the 30‑day level, indicating no break of longer‑term support.
- Break size was ~0.10%, showing a modest intraday‑to‑short‑term move.