Copper resumed bear-leg from $3.1715 lower top after bears took a breather on Wednesday.
Fresh weakness probed below $3.0715/$3.0650 (lows of 27 Oct and 08 Nov) and dented 55SMA which reinforces supports.
Close below here would generate bearish signal for extension towards next target at $3.0324 (Fibo 61.8% of $2.8930/$3.2580 ascend). Daily cloud twists below ($3.0038) and attracts for further weakness.
Falling 10SMA marks key near-term barrier ($3.1119) which is expected to keep the upside protected.
Res: 3.1060; 3.1119; 3.1193; 3.1472
Sup: 3.0684; 3.0570; 3.0324; 3.1119
