MCX Copper Trend Update 1 Hour 27-08-2020 17:00:08 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 27-08-2020 17:00:08 by Spider Signals Call Now 9389717003 / 6399968940

At 27-08-2020 17:00:08 MCX Copper trading at 528.6 with high of 529.05 and low of 528.6

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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 44.0

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -159.0

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In 1 Hour chart MCX Copper price continues to trade at 528.6 and above the (Spider Signals AI Trend ) with value of 528.394 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our view Bullish

However, if MCX Copper continues to trade above 528.394 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 527.767 support and 535.067 resistance.

Pivot (invalidation): 531.033

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / ResistanceValues
MCX Copper Pivot 531.033
MCX Copper Support 1 527.767
MCX Copper Support 2 523.733
MCX Copper Support 3 520.467
MCX Copper Resistance 1 535.067
MCX Copper Resistance 2 538.333
MCX Copper Resistance 3 542.367

Today till now @ 27-08-2020 17:00:08 MCX Copper trading at 528.6 with high of 534.1 and low of 528.6

Yesterday MCX Copper Closed at 531.8 with low of 527 and High of 534.3

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

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