MCX Copper Trend Update 1 Hour 11-05-2020 17:00:04 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 11-05-2020 17:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 11-05-2020 17:00:04 MCX Copper trading at 407.1 with high of 407.2 and low of 406.7

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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 46.5

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -145.0

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In 1 Hour chart MCX Copper price continues to trade at 407.1 and above the (Spider Signals AI Trend ) with value of 406.375 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 406.375 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 406.533 support and 409.183 resistance.

Pivot (invalidation): 408.117

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / Resistance Values
MCX Copper Pivot 408.117
MCX Copper Support 1 406.533
MCX Copper Support 2 405.467
MCX Copper Support 3 403.883
MCX Copper Resistance 1 409.183
MCX Copper Resistance 2 410.767
MCX Copper Resistance 3 411.833

Today till now @ 11-05-2020 17:00:04 MCX Copper trading at 407.1 with high of 409.65 and low of 406.6

Yesterday MCX Copper Closed at 407.6 with low of 407.05 and High of 409.7

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

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