MCX Copper 1 Hour Trend Update 29-05-2020 09:00:06 by Spider Signals Call Now 9389717003 / 6399968940

At 29-05-2020 09:00:06 MCX Copper trading at 415.55 with high of 416.4 and low of 415.1

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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 65.3

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is 286.9

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In 1 Hour chart MCX Copper price continues to trade at 415.55 and above the (Spider Signals AI Trend ) with value of 413.068 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 413.068 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 408.7 support and 414.35 resistance.

Pivot (invalidation): 411.85

Today MCX Copper Support & Resistance Levels by Spider Signals

MCX Copper Pivot / Support / Resistance Values
MCX Copper Pivot 411.85
MCX Copper Support 1 408.7
MCX Copper Support 2 406.2
MCX Copper Support 3 403.05
MCX Copper Resistance 1 414.35
MCX Copper Resistance 2 417.5
MCX Copper Resistance 3 420

Today till now @ 29-05-2020 09:00:06 MCX Copper trading at 415.55 with high of 416.4 and low of 410.7

Yesterday MCX Copper Closed at 411.2 with low of 409.35 and High of 415

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

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