MCX Copper Trend Update 1 Hour 18-08-2020 13:00:06 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 18-08-2020 13:00:06 by Spider Signals Call Now 9389717003 / 6399968940

At 18-08-2020 13:00:06 MCX Copper trading at 515.5 with high of 515.75 and low of 514.9

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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 59.9

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is 18.2

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In 1 Hour chart MCX Copper price continues to trade at 515.5 and above the (Spider Signals AI Trend ) with value of 511.898 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 511.898 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 511.283 support and 518.483 resistance.

Pivot (invalidation): 514.317

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / ResistanceValues
MCX Copper Pivot 514.317
MCX Copper Support 1 511.283
MCX Copper Support 2 507.117
MCX Copper Support 3 504.083
MCX Copper Resistance 1 518.483
MCX Copper Resistance 2 521.517
MCX Copper Resistance 3 525.683

Today till now @ 18-08-2020 13:00:06 MCX Copper trading at 515.5 with high of 517.6 and low of 514.55

Yesterday MCX Copper Closed at 515.45 with low of 510.15 and High of 517.35

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

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