MCX Copper 1 Hour Trend Update 24-08-2020 11:00:04 by Spider Signals Call Now 9389717003 / 6399968940
At 24-08-2020 11:00:04 MCX Copper trading at 519.8 with high of 520.4 and low of 519.15
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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 38.9
The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -47.8
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In 1 Hour chart MCX Copper price continues to trade at 519.8 and below the (Spider Signals AI Trend ) with value of 524.108 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 524.108 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 512.683 support and 529.033 resistance.
Pivot (invalidation): 523.017
Today MCX Copper Support & Resistance Levels by Spider Signals
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| MCX Copper Pivot / Support / Resistance | Values |
|---|---|
| MCX Copper Pivot | 523.017 |
| MCX Copper Support 1 | 512.683 |
| MCX Copper Support 2 | 506.667 |
| MCX Copper Support 3 | 496.333 |
| MCX Copper Resistance 1 | 529.033 |
| MCX Copper Resistance 2 | 539.367 |
| MCX Copper Resistance 3 | 545.383 |
Today till now @ 24-08-2020 11:00:04 MCX Copper trading at 519.8 with high of 522.5 and low of 519.15
Yesterday MCX Copper Closed at 518.7 with low of 517 and High of 533.35
This report is published by www.spidersignals.com using AI & Deep learning analysis