MCX Copper Trend Update 1 Hour 07-05-2020 17:00:03 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 07-05-2020 17:00:03 by Spider Signals Call Now 9389717003 / 6399968940

At 07-05-2020 17:00:03 MCX Copper trading at 405.3 with high of 405.5 and low of 405.05

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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 71.1

The MCX Copper CCI (Commodity Channel index) 14 is trading at OverBought and value is 159.2

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In 1 Hour chart MCX Copper price continues to trade at 405.3 and above the (Spider Signals AI Trend ) with value of 402.647 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 402.647 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 402.75 support and 405.2 resistance.

Pivot (invalidation): 403.85

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / ResistanceValues
MCX Copper Pivot 403.85
MCX Copper Support 1 402.75
MCX Copper Support 2 401.4
MCX Copper Support 3 400.3
MCX Copper Resistance 1 405.2
MCX Copper Resistance 2 406.3
MCX Copper Resistance 3 407.65

Today till now @ 07-05-2020 17:00:03 MCX Copper trading at 405.3 with high of 405.8 and low of 403.15

Yesterday MCX Copper Closed at 404.1 with low of 402.5 and High of 404.95

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

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