MCX Copper 1 Hour Trend Update 06-08-2020 10:00:03 by Spider Signals Call Now 9389717003 / 6399968940

At 06-08-2020 10:00:03 MCX Copper trading at 511.2 with high of 511.35 and low of 510

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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 52.0

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -63.6

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In 1 Hour chart MCX Copper price continues to trade at 511.2 and below the (Spider Signals AI Trend ) with value of 510.451 and keeps its stability below until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bearish

However, if MCX Copper continues to trade below 510.451 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 506.9 support and 516.05 resistance.

Pivot (invalidation): 511.4

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / Resistance Values
MCX Copper Pivot 511.4
MCX Copper Support 1 506.9
MCX Copper Support 2 502.25
MCX Copper Support 3 497.75
MCX Copper Resistance 1 516.05
MCX Copper Resistance 2 520.55
MCX Copper Resistance 3 525.2

Today till now @ 06-08-2020 10:00:03 MCX Copper trading at 511.2 with high of 511.35 and low of 509.75

Yesterday MCX Copper Closed at 511.55 with low of 506.75 and High of 515.9

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

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