COPPER / 7D low update Sep 29, 08:05

Copper Slips to New 7‑Day Low, Stays Above 30‑Day Support

Copper posted a new 7‑day low at 6.5948, edging below the prior 7‑day extreme of 6.60 while remaining above the 30‑day low of 6.3467. The move leaves the metal poised for a potential reclaim of the 30‑day level or a continuation lower if that support fails.

Old 7D low
6.6
New 7D low
6.5948
Move
0.08%
30D / YTD
6.3467 / 5.0411
What changed
  • New 7‑day low set at 6.5948, slightly below prior 7‑day extreme of 6.60.
  • Price remains above the 30‑day low of 6.3467, keeping that level as nearby support.
  • The break leaves the market open to a reclaim of the 30‑day band or a continuation lower.