MCX Copper Trend Update 1 Hour 31-08-2020 13:00:06 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 31-08-2020 13:00:06 by Spider Signals Call Now 9389717003 / 6399968940

At 31-08-2020 13:00:06 MCX Copper trading at 530.5 with high of 531 and low of 530.5

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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 49.8

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -84.9

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In 1 Hour chart MCX Copper price continues to trade at 530.5 and above the (Spider Signals AI Trend ) with value of 529.75 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 529.75 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 / ResistanceValues
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 @ 31-08-2020 13:00:06 MCX Copper trading at 530.5 with high of 536.7 and low of 527.5

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

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