MCX Copper Trend Update 1 Hour 12-01-2021 16:00:03 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 12-01-2021 16:00:03 by Spider Signals Call Now 9389717003 / 6399968940

At 12-01-2021 16:00:03 MCX Copper trading at 614.45 with high of 615.25 and low of 614.3

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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 53.9

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is 135.3

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In 1 Hour chart MCX Copper price continues to trade at 614.45 and above the (Spider Signals AI Trend ) with value of 614.841 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bullish

However, if MCX Copper continues to trade above 614.841 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 600.1 support and 613.7 resistance.

Pivot (invalidation): 608.55

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / ResistanceValues
MCX Copper Pivot 608.55
MCX Copper Support 1 600.1
MCX Copper Support 2 594.95
MCX Copper Support 3 586.5
MCX Copper Resistance 1 613.7
MCX Copper Resistance 2 622.15
MCX Copper Resistance 3 627.3

Today till now @ 12-01-2021 16:00:03 MCX Copper trading at 614.45 with high of 616.4 and low of 607.25

Yesterday MCX Copper Closed at 605.25 with low of 603.4 and High of 617

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

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