Copper sellers battle immediate support line following a pullback from 200-SMA, six-week-old triangle resistance. MACD teases bears but sellers need rejection of bullish chart pattern. Clear break of $4.59 will trigger run-up towards refreshing record top. Copper consolidates recent gains around $4.52, down 0.45% intraday, amid early Monday. The red metal took a U-turn from the convergence of 200-SMA and the upper line of the short-term triangle the previous day. While receding bullish bias of MACD backs Copper sellers, a two-day-old rising support line near $4.

https://www.fxstreet.com/news/copper-price-today-pulls-back-from-459-resistance-confluence-202106140522

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