MCX Copper 1 Hour Trend Update 22-05-2020 09:00:06 by Spider Signals Call Now 9389717003 / 6399968940
At 22-05-2020 09:00:06 MCX Copper trading at 408 with high of 408.9 and low of 408
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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 26.2
The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -124.3
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In 1 Hour chart MCX Copper price continues to trade at 408 and below the (Spider Signals AI Trend ) with value of 412.062 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 412.062 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 409.15 support and 416.2 resistance.
Pivot (invalidation): 413.7
Today MCX Copper Support & Resistance Levels by Spider Signals
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| MCX Copper Pivot / Support / Resistance | Values |
|---|---|
| MCX Copper Pivot | 413.7 |
| MCX Copper Support 1 | 409.15 |
| MCX Copper Support 2 | 406.65 |
| MCX Copper Support 3 | 402.1 |
| MCX Copper Resistance 1 | 416.2 |
| MCX Copper Resistance 2 | 420.75 |
| MCX Copper Resistance 3 | 423.25 |
Today till now @ 22-05-2020 09:00:06 MCX Copper trading at 408 with high of 408.9 and low of 408
Yesterday MCX Copper Closed at 411.65 with low of 411.2 and High of 418.25
This report is published by www.spidersignals.com using AI & Deep learning analysis
