MCX Copper 1 Hour Trend Update 13-08-2020 16:00:06 by Spider Signals Call Now 9389717003 / 6399968940

At 13-08-2020 16:00:06 MCX Copper trading at 511.25 with high of 511.35 and low of 510.35

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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 52.7

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -49.2

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In 1 Hour chart MCX Copper price continues to trade at 511.25 and above the (Spider Signals AI Trend ) with value of 509.988 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 509.988 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 505.467 support and 519.067 resistance.

Pivot (invalidation): 510.733

Today MCX Copper Support & Resistance Levels by Spider Signals

MCX Copper Pivot / Support / Resistance Values
MCX Copper Pivot 510.733
MCX Copper Support 1 505.467
MCX Copper Support 2 497.133
MCX Copper Support 3 491.867
MCX Copper Resistance 1 519.067
MCX Copper Resistance 2 524.333
MCX Copper Resistance 3 532.667

Today till now @ 13-08-2020 16:00:06 MCX Copper trading at 511.25 with high of 513.5 and low of 508.2

Yesterday MCX Copper Closed at 513.8 with low of 502.4 and High of 516

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

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