MCX Copper 1 Hour Trend Update 06-05-2020 09:00:04 by Spider Signals Call Now 9389717003 / 6399968940
At 06-05-2020 09:00:04 MCX Copper trading at 402.5 with high of 403.1 and low of 401.75
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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 64.4
The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is 221.1
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In 1 Hour chart MCX Copper price continues to trade at 402.5 and above the (Spider Signals AI Trend ) with value of 400.332 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 400.332 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 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 / Resistance | Values |
|---|---|
| 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 @ 06-05-2020 09:00:04 MCX Copper trading at 402.5 with high of 403.1 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