MCX Copper 1 Hour Trend Update 12-05-2020 15:00:05 by Spider Signals Call Now 9389717003 / 6399968940
At 12-05-2020 15:00:05 MCX Copper trading at 404.05 with high of 404.15 and low of 403.6
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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 33.8
The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -112.9
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In 1 Hour chart MCX Copper price continues to trade at 404.05 and below the (Spider Signals AI Trend ) with value of 406.025 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 406.025 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 404.817 support and 408.967 resistance.
Pivot (invalidation): 407.233
Today MCX Copper Support & Resistance Levels by Spider Signals
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MCX Copper Pivot / Support / Resistance | Values |
---|---|
MCX Copper Pivot | 407.233 |
MCX Copper Support 1 | 404.817 |
MCX Copper Support 2 | 403.083 |
MCX Copper Support 3 | 400.667 |
MCX Copper Resistance 1 | 408.967 |
MCX Copper Resistance 2 | 411.383 |
MCX Copper Resistance 3 | 413.117 |
Today till now @ 12-05-2020 15:00:05 MCX Copper trading at 404.05 with high of 407.15 and low of 403.5
Yesterday MCX Copper Closed at 406.55 with low of 405.5 and High of 409.65
This report is published by www.spidersignals.com using AI & Deep learning analysis