MCX Copper Trend Update 1 Hour 04-09-2020 16:00:04 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 04-09-2020 16:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 04-09-2020 16:00:04 MCX Copper trading at 517.1 with high of 517.95 and low of 516.8

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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 43.5

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is 64.3

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In 1 Hour chart MCX Copper price continues to trade at 517.1 and below the (Spider Signals AI Trend ) with value of 520.755 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 520.755 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 510.55 support and 521.4 resistance.

Pivot (invalidation): 517

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / ResistanceValues
MCX Copper Pivot 517
MCX Copper Support 1 510.55
MCX Copper Support 2 506.15
MCX Copper Support 3 499.7
MCX Copper Resistance 1 521.4
MCX Copper Resistance 2 527.85
MCX Copper Resistance 3 532.25

Today till now @ 04-09-2020 16:00:04 MCX Copper trading at 517.1 with high of 518.3 and low of 515.7

Yesterday MCX Copper Closed at 514.95 with low of 512.6 and High of 523.45

This report is published by www.spidersignals.com using AI & Deep learning analysis

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