MCX Copper Trend Update 1 Hour 11-12-2020 17:00:04 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 11-12-2020 17:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 11-12-2020 17:00:04 MCX Copper trading at 601.3 with high of 601.85 and low of 601.25

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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 57.1

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -42.3

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In 1 Hour chart MCX Copper price continues to trade at 601.3 and above the (Spider Signals AI Trend ) with value of 597.056 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 597.056 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 594.783 support and 612.133 resistance.

Pivot (invalidation): 601.317

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / ResistanceValues
MCX Copper Pivot 601.317
MCX Copper Support 1 594.783
MCX Copper Support 2 583.967
MCX Copper Support 3 577.433
MCX Copper Resistance 1 612.133
MCX Copper Resistance 2 618.667
MCX Copper Resistance 3 629.483

Today till now @ 11-12-2020 17:00:04 MCX Copper trading at 601.3 with high of 603.95 and low of 599

Yesterday MCX Copper Closed at 605.6 with low of 590.5 and High of 607.85

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

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