MCX Copper 1 Hour Trend Update 16-04-2020 16:00:03 by Spider Signals Call Now 9389717003 / 6399968940

At 16-04-2020 16:00:03 MCX Copper trading at 396.85 with high of 397 and low of 396.6

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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 61.3

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is 83.9

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In 1 Hour chart MCX Copper price continues to trade at 396.85 and above the (Spider Signals AI Trend ) with value of 391.359 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 391.359 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 391.5 support and 397.85 resistance.

Pivot (invalidation): 395.35

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / Resistance Values
MCX Copper Pivot 395.35
MCX Copper Support 1 391.5
MCX Copper Support 2 389
MCX Copper Support 3 385.15
MCX Copper Resistance 1 397.85
MCX Copper Resistance 2 401.7
MCX Copper Resistance 3 404.2

Today till now @ 16-04-2020 16:00:03 MCX Copper trading at 396.85 with high of 397.4 and low of 394.85

Yesterday MCX Copper Closed at 394 with low of 392.85 and High of 399.2

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

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