Copper candlestick chart analysis

Copper is testing the intermediate support level of $3.40
Weekly candlestick chart for copper showing the intermediate lateral trading range with support at $3.40.

Copper 3-Year Weekly Chart courtesy of StockCharts.com

Copper is trading below the 50 day and 200 day moving averages. And it is testing the support level of $3.40.
And MACD is confirming the intermediate downtrend.

Reference the last chart analysis for Dr. Copper.

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