MCX Copper Trend Update 1 Hour 16-09-2020 18:00:05 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 16-09-2020 18:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 16-09-2020 18:00:05 MCX Copper trading at 528.7 with high of 528.8 and low of 527.7

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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 49.7

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -200.7

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In 1 Hour chart MCX Copper price continues to trade at 528.7 and below the (Spider Signals AI Trend ) with value of 527.752 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 527.752 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 527.267 support and 532.267 resistance.

Pivot (invalidation): 530.083

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / ResistanceValues
MCX Copper Pivot 530.083
MCX Copper Support 1 527.267
MCX Copper Support 2 525.083
MCX Copper Support 3 522.267
MCX Copper Resistance 1 532.267
MCX Copper Resistance 2 535.083
MCX Copper Resistance 3 537.267

Today till now @ 16-09-2020 18:00:05 MCX Copper trading at 528.7 with high of 530.25 and low of 527.25

Yesterday MCX Copper Closed at 529.45 with low of 527.9 and High of 532.9

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

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