MCX Copper Trend Update 1 Hour 12-05-2020 12:00:05 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 12-05-2020 12:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 12-05-2020 12:00:05 MCX Copper trading at 404.2 with high of 405.3 and low of 403.6

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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 33.1

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -212.0

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In 1 Hour chart MCX Copper price continues to trade at 404.2 and below the (Spider Signals AI Trend ) with value of 406.289 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 406.289 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 404.817 support and 408.967 resistance.

Pivot (invalidation): 407.233

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / Resistance Values
MCX Copper Pivot 407.233
MCX Copper Support 1 404.817
MCX Copper Support 2 403.083
MCX Copper Support 3 400.667
MCX Copper Resistance 1 408.967
MCX Copper Resistance 2 411.383
MCX Copper Resistance 3 413.117

Today till now @ 12-05-2020 12:00:05 MCX Copper trading at 404.2 with high of 407.15 and low of 403.6

Yesterday MCX Copper Closed at 406.55 with low of 405.5 and High of 409.65

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

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