MCX Copper 1 Hour Trend Update 23-12-2020 11:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 23-12-2020 11:00:04 MCX Copper trading at 592.85 with high of 593.6 and low of 591.75

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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 OverSold and value is 23.6

The MCX Copper CCI (Commodity Channel index) 14 is trading at OverSold and value is -207.9

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In 1 Hour chart MCX Copper price continues to trade at 592.85 and below the (Spider Signals AI Trend ) with value of 605.775 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 605.775 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 593.5 support and 607.15 resistance.

Pivot (invalidation): 602.3

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / Resistance Values
MCX Copper Pivot 602.3
MCX Copper Support 1 593.5
MCX Copper Support 2 588.65
MCX Copper Support 3 579.85
MCX Copper Resistance 1 607.15
MCX Copper Resistance 2 615.95
MCX Copper Resistance 3 620.8

Today till now @ 23-12-2020 11:00:04 MCX Copper trading at 592.85 with high of 599.85 and low of 591.75

Yesterday MCX Copper Closed at 598.35 with low of 597.45 and High of 611.1

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

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