Copper prices fluctuate in a narrow range, waiting for external guidance

In terms of the external market, London copper opened at the low of the day of 5923 US dollars / ton, dragged down by a slight pullback in crude oil at the beginning of the session, London copper briefly touched 5918 US dollars / ton, under the boost of the bull entry, London copper rebounded, pierced the daily moving average, sharply pulled up to the intraday high of 5980.
5 US dollars / ton, and then London copper in the range of 5965 ~ 5981 US dollars / ton narrow range, the amplitude does not exceed 16 US dollars / ton
.
As of 17:10, London copper was trading at $5974/ton
.

In terms of the market, overnight London copper fell nearly 5900 US dollars, Shanghai copper performance followed the decline, copper prices relying on the daily average slightly fluctuated at 47100 yuan / ton line
.
After the previous day's transaction low recovery, the price sentiment of the holder was prominent, the holder quoted a discount of 10 ~ 10 yuan / ton, the morning market flat water copper can be pressed to a discount of about 20 yuan / ton to trade, the market inquiry atmosphere is active, the willingness to receive goods is obvious, good copper can be closed near the flat water, the transaction can be, under the guidance of the positive atmosphere of the trader's transaction, the quotation rises rapidly, the flat water copper is fully premium quotation, the good copper quotation to the premium 40 yuan / ton, the transaction atmosphere remains positive
.

In the second trading stage, the performance of good copper is still favored by the market, the active buying transaction is 50~60 yuan / ton in the premium, the quotation of flat water copper rises to 30~40 yuan / ton of premium, the downstream bargain replenishment, the low transaction has improved, and the wet copper is raised to flat water from 60 yuan / ton to flat water
.
After eleven o'clock, it has been heard that the quotation of flat water copper has reached 50~60 yuan / ton, and the good copper has been raised to 70~80 yuan / ton, but the transaction has been suppressed, the activity has declined, and some holders have begun to show their willingness to
unilaterally raise prices.

The intraday market is guided by sellers, the source of discount is difficult to find, the quotation is generally at the top price, the transaction is still dominated by traders, and the downstream continues to buy
just now.
Such a price range may be maintained until delivery
.
In the afternoon, the market rose slightly to 47200~47270 yuan / ton range, traders are more active in bargain replenishment, and prefer good copper, but the market shipments are small, and in the afternoon holders take the opportunity to pull up the premium
.

The main force of Shanghai copper closed negative within the day, the lower shadow was lengthened, the center of gravity once again lost the support of the recent daily moving average, and the DIF and DEA curves in the MACD indicator were almost parallel
.
Wait for the guidance of the external disk, pay attention to the long-short trend, and test whether the main force of Shanghai copper can continue to hold 47,000 yuan / ton
.