MCX Copper Trend Update 1 Hour 11-08-2020 19:00:04 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 11-08-2020 19:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 11-08-2020 19:00:04 MCX Copper trading at 508.65 with high of 508.85 and low of 506.6

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In 1 Hour MCX Copper Chart as per Spider Signals AI Trend we can see the trend is Bearish

The MCX Copper RSI (Relative strength index) 14 is trading at Range and value is 48.8

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -136.6

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In 1 Hour chart MCX Copper price continues to trade at 508.65 and below the (Spider Signals AI Trend ) with value of 509.512 and keeps its stability below until now, while 1 Hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our view Bearish

However, if MCX Copper continues to trade below 509.512 level, that could be an extraordinarily Bearish sign for MCX Copper

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The expected trading range for MCX Copper today is between 505.933 support and 515.733 resistance.

Pivot (invalidation): 509.217

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / ResistanceValues
MCX Copper Pivot 509.217
MCX Copper Support 1 505.933
MCX Copper Support 2 499.417
MCX Copper Support 3 496.133
MCX Copper Resistance 1 515.733
MCX Copper Resistance 2 519.017
MCX Copper Resistance 3 525.533

Today till now @ 11-08-2020 19:00:04 MCX Copper trading at 508.65 with high of 513.4 and low of 505.95

Yesterday MCX Copper Closed at 512.45 with low of 502.7 and High of 512.5

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

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