MCX Copper 1 Hour Trend Update 20-05-2020 23:00:06 by Spider Signals Call Now 9389717003 / 6399968940
At 20-05-2020 23:00:06 MCX Copper trading at 416 with high of 416.3 and low of 414.4
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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 OverBought and value is 74.0
The MCX Copper CCI (Commodity Channel index) 14 is trading at OverBought and value is 208.0
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In 1 Hour chart MCX Copper price continues to trade at 416 and above the (Spider Signals AI Trend ) with value of 409.874 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bullish
However, if MCX Copper continues to trade above 409.874 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 409.2 support and 413.4 resistance.
Pivot (invalidation): 411.25
Today MCX Copper Support & Resistance Levels by Spider Signals
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| MCX Copper Pivot / Support / Resistance | Values |
|---|---|
| MCX Copper Pivot | 411.25 |
| MCX Copper Support 1 | 409.2 |
| MCX Copper Support 2 | 407.05 |
| MCX Copper Support 3 | 405 |
| MCX Copper Resistance 1 | 413.4 |
| MCX Copper Resistance 2 | 415.45 |
| MCX Copper Resistance 3 | 417.6 |
Today till now @ 20-05-2020 23:00:06 MCX Copper trading at 416 with high of 416.3 and low of 410.4
Yesterday MCX Copper Closed at 411.35 with low of 409.1 and High of 413.3
This report is published by www.spidersignals.com using AI & Deep learning analysis
