MCX Copper Trend Update 1 Hour 20-10-2020 20:00:05 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 20-10-2020 20:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 20-10-2020 20:00:05 MCX Copper trading at 531.3 with high of 531.9 and low of 530.9

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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 54.7

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is 41.6

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In 1 Hour chart MCX Copper price continues to trade at 531.3 and above the (Spider Signals AI Trend ) with value of 529.311 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 529.311 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 526.767 support and 533.067 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 1 526.767
MCX Copper Support 2 523.783
MCX Copper Support 3 520.467
MCX Copper Resistance 1 533.067
MCX Copper Resistance 2 536.383
MCX Copper Resistance 3 539.367

Today till now @ 20-10-2020 20:00:05 MCX Copper trading at 531.3 with high of 533.8 and low of 529.1

Yesterday MCX Copper Closed at 529.75 with low of 527.1 and High of 533.4

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

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