MCX Copper 1 Hour Trend Update 03-08-2020 23:00:06 by Spider Signals Call Now 9389717003 / 6399968940
At 03-08-2020 23:00:06 MCX Copper trading at 509.85 with high of 510.15 and low of 509.6
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In 1 Hour MCX Copper Chart as per Spider Signals AI Trend we can see the trend is Bearish
The MCX Copper RSI (Relative strength index) 14 is trading at Range and value is 50.4
The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is 108.7
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In 1 Hour chart MCX Copper price continues to trade at 509.85 and below the (Spider Signals AI Trend ) with value of 511.473 and keeps its stability below until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bearish
However, if MCX Copper continues to trade below 511.473 level, that could be an extraordinarily Bearish sign for MCX Copper
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The expected trading range for MCX Copper today is between 512.5 support and 519.25 resistance.
Pivot (invalidation): 516.75
Today MCX Copper Support & Resistance Levels by Spider Signals
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| MCX Copper Pivot / Support / Resistance | Values |
|---|---|
| MCX Copper Pivot | 516.75 |
| MCX Copper Support 1 | 512.5 |
| MCX Copper Support 2 | 510 |
| MCX Copper Support 3 | 505.75 |
| MCX Copper Resistance 1 | 519.25 |
| MCX Copper Resistance 2 | 523.5 |
| MCX Copper Resistance 3 | 526 |
Today till now @ 03-08-2020 23:00:06 MCX Copper trading at 509.85 with high of 511.9 and low of 499.2
Yesterday MCX Copper Closed at 515 with low of 514.25 and High of 521
This report is published by www.spidersignals.com using AI & Deep learning analysis