MCX Copper Trend Update 1 Hour 01-12-2020 20:00:05 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 01-12-2020 20:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 01-12-2020 20:00:05 MCX Copper trading at 589.35 with high of 590.85 and low of 588.95

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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 67.2

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is 137.9

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In 1 Hour chart MCX Copper price continues to trade at 589.35 and above the (Spider Signals AI Trend ) with value of 572.885 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 572.885 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 578.683 support and 588.783 resistance.

Pivot (invalidation): 585.217

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / ResistanceValues
MCX Copper Pivot 585.217
MCX Copper Support 1 578.683
MCX Copper Support 2 575.117
MCX Copper Support 3 568.583
MCX Copper Resistance 1 588.783
MCX Copper Resistance 2 595.317
MCX Copper Resistance 3 598.883

Today till now @ 01-12-2020 20:00:05 MCX Copper trading at 589.35 with high of 590.85 and low of 581.1

Yesterday MCX Copper Closed at 582.25 with low of 581.65 and High of 591.75

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

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