MCX Copper Trend Update 1 Hour 16-10-2020 22:00:04 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 16-10-2020 22:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 16-10-2020 22:00:04 MCX Copper trading at 528.4 with high of 528.5 and low of 528

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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 -80.6

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In 1 Hour chart MCX Copper price continues to trade at 528.4 and above the (Spider Signals AI Trend ) with value of 526.707 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 526.707 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 524.3 support and 534.2 resistance.

Pivot (invalidation): 527.75

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / ResistanceValues
MCX Copper Pivot 527.75
MCX Copper Support 1 524.3
MCX Copper Support 2 517.85
MCX Copper Support 3 514.4
MCX Copper Resistance 1 534.2
MCX Copper Resistance 2 537.65
MCX Copper Resistance 3 544.1

Today till now @ 16-10-2020 22:00:04 MCX Copper trading at 528.4 with high of 530.5 and low of 526.5

Yesterday MCX Copper Closed at 530.75 with low of 521.3 and High of 531.2

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

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