MCX Copper Trend Update 1 Hour 06-05-2020 18:00:05 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 06-05-2020 18:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 06-05-2020 18:00:05 MCX Copper trading at 403.85 with high of 404.95 and low of 403

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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 64.1

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is 60.8

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In 1 Hour chart MCX Copper price continues to trade at 403.85 and above the (Spider Signals AI Trend ) with value of 401.427 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 401.427 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 398.833 support and 404.633 resistance.

Pivot (invalidation): 400.967

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / ResistanceValues
MCX Copper Pivot 400.967
MCX Copper Support 1 398.833
MCX Copper Support 2 395.167
MCX Copper Support 3 393.033
MCX Copper Resistance 1 404.633
MCX Copper Resistance 2 406.767
MCX Copper Resistance 3 410.433

Today till now @ 06-05-2020 18:00:05 MCX Copper trading at 403.85 with high of 404.95 and low of 402.5

Yesterday MCX Copper Closed at 402.5 with low of 397.3 and High of 403.1

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

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