MCX Copper 1 Hour Trend Update 22-12-2020 22:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 22-12-2020 22:00:04 MCX Copper trading at 600.6 with high of 601.5 and low of 599.7

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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 33.7

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -103.6

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In 1 Hour chart MCX Copper price continues to trade at 600.6 and below the (Spider Signals AI Trend ) with value of 607.711 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 607.711 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 605.117 support and 616.067 resistance.

Pivot (invalidation): 611.083

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / Resistance Values
MCX Copper Pivot 611.083
MCX Copper Support 1 605.117
MCX Copper Support 2 600.133
MCX Copper Support 3 594.167
MCX Copper Resistance 1 616.067
MCX Copper Resistance 2 622.033
MCX Copper Resistance 3 627.017

Today till now @ 22-12-2020 22:00:04 MCX Copper trading at 600.6 with high of 611.1 and low of 597.45

Yesterday MCX Copper Closed at 610.1 with low of 606.1 and High of 617.05

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

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