MCX Copper 1 Hour Trend Update 08-01-2021 20:00:04 by Spider Signals Call Now 9389717003 / 6399968940
At 08-01-2021 20:00:04 MCX Copper trading at 624.55 with high of 625.2 and low of 623.75
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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 50.2
The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -140.8
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In 1 Hour chart MCX Copper price continues to trade at 624.55 and above the (Spider Signals AI Trend ) with value of 620.925 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 620.925 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 620.483 support and 632.283 resistance.
Pivot (invalidation): 624.967
Today MCX Copper Support & Resistance Levels by Spider Signals
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| MCX Copper Pivot / Support / Resistance | Values |
|---|---|
| MCX Copper Pivot | 624.967 |
| MCX Copper Support 1 | 620.483 |
| MCX Copper Support 2 | 613.167 |
| MCX Copper Support 3 | 608.683 |
| MCX Copper Resistance 1 | 632.283 |
| MCX Copper Resistance 2 | 636.767 |
| MCX Copper Resistance 3 | 644.083 |
Today till now @ 08-01-2021 20:00:04 MCX Copper trading at 624.55 with high of 631.2 and low of 623.3
Yesterday MCX Copper Closed at 627.8 with low of 617.65 and High of 629.45
This report is published by www.spidersignals.com using AI & Deep learning analysis