MCX Copper Trend Update 1 Hour 28-05-2020 18:00:03 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 28-05-2020 18:00:03 by Spider Signals Call Now 9389717003 / 6399968940

At 28-05-2020 18:00:03 MCX Copper trading at 411.75 with high of 412 and low of 411.3

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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 45.8

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is 51.2

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In 1 Hour chart MCX Copper price continues to trade at 411.75 and below the (Spider Signals AI Trend ) with value of 413.018 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 413.018 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 408.7 support and 414.35 resistance.

Pivot (invalidation): 411.85

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / ResistanceValues
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 @ 28-05-2020 18:00:03 MCX Copper trading at 411.75 with high of 413.3 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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