MCX Copper 1 Hour Trend Update 07-05-2020 13:00:04 by Spider Signals Call Now 9389717003 / 6399968940
At 07-05-2020 13:00:04 MCX Copper trading at 404.6 with high of 404.75 and low of 403.75
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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 66.7
The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is 120.9
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In 1 Hour chart MCX Copper price continues to trade at 404.6 and above the (Spider Signals AI Trend ) with value of 402.245 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our view Bullish
However, if MCX Copper continues to trade above 402.245 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 402.75 support and 405.2 resistance.
Pivot (invalidation): 403.85
Today MCX Copper Support & Resistance Levels by Spider Signals
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| MCX Copper Pivot / Support / Resistance | Values |
|---|---|
| MCX Copper Pivot | 403.85 |
| MCX Copper Support 1 | 402.75 |
| MCX Copper Support 2 | 401.4 |
| MCX Copper Support 3 | 400.3 |
| MCX Copper Resistance 1 | 405.2 |
| MCX Copper Resistance 2 | 406.3 |
| MCX Copper Resistance 3 | 407.65 |
Today till now @ 07-05-2020 13:00:04 MCX Copper trading at 404.6 with high of 404.75 and low of 403.15
Yesterday MCX Copper Closed at 404.1 with low of 402.5 and High of 404.95
This report is published by www.spidersignals.com using AI & Deep learning analysis