MCX Copper Trend Update 1 Hour 06-08-2020 23:00:04 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 06-08-2020 23:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 06-08-2020 23:00:04 MCX Copper trading at 515.35 with high of 515.4 and low of 515.1

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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 59.8

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is 108.2

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In 1 Hour chart MCX Copper price continues to trade at 515.35 and above the (Spider Signals AI Trend ) with value of 511.894 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 511.894 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 506.9 support and 516.05 resistance.

Pivot (invalidation): 511.4

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / ResistanceValues
MCX Copper Pivot 511.4
MCX Copper Support 1 506.9
MCX Copper Support 2 502.25
MCX Copper Support 3 497.75
MCX Copper Resistance 1 516.05
MCX Copper Resistance 2 520.55
MCX Copper Resistance 3 525.2

Today till now @ 06-08-2020 23:00:04 MCX Copper trading at 515.35 with high of 516.4 and low of 509.75

Yesterday MCX Copper Closed at 511.55 with low of 506.75 and High of 515.9

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

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