MCX Copper 1 Hour Trend Update 11-05-2020 09:00:03 by Spider Signals Call Now 9389717003 / 6399968940
At 11-05-2020 09:00:03 MCX Copper trading at 407.6 with high of 408.25 and low of 407.1
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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 54.3
The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -129.9
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In 1 Hour chart MCX Copper price continues to trade at 407.6 and above the (Spider Signals AI Trend ) with value of 405.604 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 405.604 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 404.017 support and 408.217 resistance.
Pivot (invalidation): 405.683
Today MCX Copper Support & Resistance Levels by Spider Signals
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| MCX Copper Pivot / Support / Resistance | Values |
|---|---|
| MCX Copper Pivot | 405.683 |
| MCX Copper Support 1 | 404.017 |
| MCX Copper Support 2 | 401.483 |
| MCX Copper Support 3 | 399.817 |
| MCX Copper Resistance 1 | 408.217 |
| MCX Copper Resistance 2 | 409.883 |
| MCX Copper Resistance 3 | 412.417 |
Today till now @ 11-05-2020 09:00:03 MCX Copper trading at 407.6 with high of 409.7 and low of 407.05
Yesterday MCX Copper Closed at 406.55 with low of 403.15 and High of 407.35
This report is published by www.spidersignals.com using AI & Deep learning analysis