MCX Copper Trend Update 1 Hour 02-09-2020 16:00:04 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 02-09-2020 16:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 02-09-2020 16:00:04 MCX Copper trading at 522.4 with high of 523.2 and low of 522.25

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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 43.1

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is 2.0

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In 1 Hour chart MCX Copper price continues to trade at 522.4 and below the (Spider Signals AI Trend ) with value of 526.605 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 526.605 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 518.367 support and 527.067 resistance.

Pivot (invalidation): 524.033

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / ResistanceValues
MCX Copper Pivot 524.033
MCX Copper Support 1 518.367
MCX Copper Support 2 515.333
MCX Copper Support 3 509.667
MCX Copper Resistance 1 527.067
MCX Copper Resistance 2 532.733
MCX Copper Resistance 3 535.767

Today till now @ 02-09-2020 16:00:04 MCX Copper trading at 522.4 with high of 523.7 and low of 519.5

Yesterday MCX Copper Closed at 521.4 with low of 521 and High of 529.7

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

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