Copper Drops to New 7‑Day Low, Testing 30‑Day Level
Copper fell to a new 7‑day low of 6.596, breaking the prior 7‑day low of 6.61. The move places the price about 3.9% below the 30‑day level, suggesting continuation of downside pressure unless a reclaim of that level occurs.
- New 7‑day low at 6.596 vs old 7‑day low 6.61.
- Price now ~3.9% below the 30‑day level of 6.3407.
- Break size 0.21% indicates modest downside momentum.