MCX Copper 1 Hour Trend Update 16-10-2020 09:00:08 by Spider Signals Call Now 9389717003 / 6399968940
At 16-10-2020 09:00:08 MCX Copper trading at 530.75 with high of 531.2 and low of 529.5
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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 69.0
The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is 178.0
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In 1 Hour chart MCX Copper price continues to trade at 530.75 and above the (Spider Signals AI Trend ) with value of 525.459 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 525.459 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 522.267 support and 528.267 resistance.
Pivot (invalidation): 525.133
Today MCX Copper Support & Resistance Levels by Spider Signals
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| MCX Copper Pivot / Support / Resistance | Values |
|---|---|
| MCX Copper Pivot | 525.133 |
| MCX Copper Support 1 | 522.267 |
| MCX Copper Support 2 | 519.133 |
| MCX Copper Support 3 | 516.267 |
| MCX Copper Resistance 1 | 528.267 |
| MCX Copper Resistance 2 | 531.133 |
| MCX Copper Resistance 3 | 534.267 |
Today till now @ 16-10-2020 09:00:08 MCX Copper trading at 530.75 with high of 531.2 and low of 521.3
Yesterday MCX Copper Closed at 525.4 with low of 522 and High of 528
This report is published by www.spidersignals.com using AI & Deep learning analysis