MCX Copper 1 Hour Trend Update 01-02-2021 20:00:05 by Spider Signals Call Now 9389717003 / 6399968940
At 01-02-2021 20:00:05 MCX Copper trading at 595.8 with high of 595.8 and low of 593.1
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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 51.6
The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -22.5
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In 1 Hour chart MCX Copper price continues to trade at 595.8 and below the (Spider Signals AI Trend ) with value of 596.991 and keeps its stability below until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bearish
However, if MCX Copper continues to trade below 596.991 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 592.833 support and 595.583 resistance.
Pivot (invalidation): 594.417
Today MCX Copper Support & Resistance Levels by Spider Signals
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| MCX Copper Pivot / Support / Resistance | Values |
|---|---|
| MCX Copper Pivot | 594.417 |
| MCX Copper Support 1 | 592.833 |
| MCX Copper Support 2 | 591.667 |
| MCX Copper Support 3 | 590.083 |
| MCX Copper Resistance 1 | 595.583 |
| MCX Copper Resistance 2 | 597.167 |
| MCX Copper Resistance 3 | 598.333 |
Today till now @ 01-02-2021 20:00:05 MCX Copper trading at 595.8 with high of 601.8 and low of 585
Yesterday MCX Copper Closed at 594 with low of 593.25 and High of 596
This report is published by www.spidersignals.com using AI & Deep learning analysis