COPPER / 30D low update Sep 12, 04:47

COPPER Records New 30‑Day Low Amid Continuing Downtrend

COPPER slipped to a new 30‑day low of 6.4729, breaking below the prior extreme of 6.4859. The move suggests continuation of the short‑term downtrend, with no immediate reclaim of the recent high. Traders should watch for a potential reclaim if price rebounds above 6.4859 to signal a shift.

Old 30D low
6.4859
New 30D low
6.4729
Move
0.20%
30D / YTD
6.4729 / 5.0411
What changed
  • Price fell from 6.4859 to 6.4729, marking a new 30‑day low.
  • The decline of 0.20% extends the recent downtrend without a clear reclaim signal yet.
  • YTD support at 5.0411 remains distant, keeping the current level in a continuation phase.