MCX Copper 1 Hour Trend Update 16-03-2020 18:00:04 by Spider Signals Call Now 8475826036 / 7906595976

At 16-03-2020 18:00:04 MCX Copper trading at 407.2 with high of 409.3 and low of 404.4

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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 OverSold and value is 21.9

The MCX Copper CCI (Commodity Channel index) 14 is trading at OverSold and value is -149.1

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In 1 Hour chart MCX Copper price continues to trade at 407.2 and below the (Spider Signals AI Trend ) with value of 420.098 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 420.098 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 414.433 support and 428.483 resistance.

Pivot (invalidation): 421.067

Today MCX Copper Support & Resistance Levels by Spider Signals

MCX Copper Pivot / Support / Resistance Values
MCX Copper Pivot 421.067
MCX Copper Support 1 414.433
MCX Copper Support 2 407.017
MCX Copper Support 3 400.383
MCX Copper Resistance 1 428.483
MCX Copper Resistance 2 435.117
MCX Copper Resistance 3 442.533

Today till now @ 16-03-2020 18:00:04 MCX Copper trading at 407.2 with high of 419.15 and low of 404.4

Yesterday MCX Copper Closed at 421.85 with low of 413.65 and High of 427.7

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

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