MCX Copper 1 Hour Trend Update 28-08-2020 16:00:06 by Spider Signals Call Now 9389717003 / 6399968940
At 28-08-2020 16:00:06 MCX Copper trading at 531.05 with high of 531.05 and low of 531.05
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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 Range and value is 50.1
The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is 155.2
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In 1 Hour chart MCX Copper price continues to trade at 531.05 and above the (Spider Signals AI Trend ) with value of 529.709 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 529.709 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 527.317 support and 533.967 resistance.
Pivot (invalidation): 530.883
Today MCX Copper Support & Resistance Levels by Spider Signals
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| MCX Copper Pivot / Support / Resistance | Values |
|---|---|
| MCX Copper Pivot | 530.883 |
| MCX Copper Support 1 | 527.317 |
| MCX Copper Support 2 | 524.233 |
| MCX Copper Support 3 | 520.667 |
| MCX Copper Resistance 1 | 533.967 |
| MCX Copper Resistance 2 | 537.533 |
| MCX Copper Resistance 3 | 540.617 |
Today till now @ 28-08-2020 16:00:06 MCX Copper trading at 531.05 with high of 536.7 and low of 530.2
Yesterday MCX Copper Closed at 530.4 with low of 527.8 and High of 534.45
This report is published by www.spidersignals.com using AI & Deep learning analysis