MCX Copper 1 Hour Trend Update 16-07-2020 10:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 16-07-2020 10:00:04 MCX Copper trading at 495.1 with high of 495.3 and low of 494.05

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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 32.7

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -124.9

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In 1 Hour chart MCX Copper price continues to trade at 495.1 and below the (Spider Signals AI Trend ) with value of 498.022 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 498.022 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 493.55 support and 502.65 resistance.

Pivot (invalidation): 499.2

Today MCX Copper Support & Resistance Levels by Spider Signals

MCX Copper Pivot / Support / Resistance Values
MCX Copper Pivot 499.2
MCX Copper Support 1 493.55
MCX Copper Support 2 490.1
MCX Copper Support 3 484.45
MCX Copper Resistance 1 502.65
MCX Copper Resistance 2 508.3
MCX Copper Resistance 3 511.75

Today till now @ 16-07-2020 10:00:04 MCX Copper trading at 495.1 with high of 495.3 and low of 494.05

Yesterday MCX Copper Closed at 497 with low of 495.75 and High of 504.85

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

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