MCX Copper Trend Update 1 Hour 05-05-2020 21:00:04 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 05-05-2020 21:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 05-05-2020 21:00:04 MCX Copper trading at 399.15 with high of 399.35 and low of 397.3

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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 46.6

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -122.5

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In 1 Hour chart MCX Copper price continues to trade at 399.15 and below the (Spider Signals AI Trend ) with value of 400.208 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 400.208 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 396 support and 400.2 resistance.

Pivot (invalidation): 397.75

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / ResistanceValues
MCX Copper Pivot 397.75
MCX Copper Support 1 396
MCX Copper Support 2 393.55
MCX Copper Support 3 391.8
MCX Copper Resistance 1 400.2
MCX Copper Resistance 2 401.95
MCX Copper Resistance 3 404.4

Today till now @ 05-05-2020 21:00:04 MCX Copper trading at 399.15 with high of 401.65 and low of 397.3

Yesterday MCX Copper Closed at 398.45 with low of 395.3 and High of 399.5

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

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