MCX Copper Trend Update 1 Hour 05-08-2020 22:00:05 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 05-08-2020 22:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 05-08-2020 22:00:05 MCX Copper trading at 510.7 with high of 512.5 and low of 510.3

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In 1 Hour MCX Copper Chart as per Spider Signals AI Trend we can see the trend is Bullish

The MCX Copper RSI (Relative strength index) 14 is trading at Range and value is 51.2

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is 64.9

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In 1 Hour chart MCX Copper price continues to trade at 510.7 and above the (Spider Signals AI Trend ) with value of 510.33 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bullish

However, if MCX Copper continues to trade above 510.33 level, that could be an extraordinarily Bullish sign for MCX Copper

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The expected trading range for MCX Copper today is between 504.5 support and 509.5 resistance.

Pivot (invalidation): 506.85

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / ResistanceValues
MCX Copper Pivot 506.85
MCX Copper Support 1 504.5
MCX Copper Support 2 501.85
MCX Copper Support 3 499.5
MCX Copper Resistance 1 509.5
MCX Copper Resistance 2 511.85
MCX Copper Resistance 3 514.5

Today till now @ 05-08-2020 22:00:05 MCX Copper trading at 510.7 with high of 515.9 and low of 506.75

Yesterday MCX Copper Closed at 507.15 with low of 504.2 and High of 509.2

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

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