MCX Copper Trend Update 1 Hour 31-08-2020 21:00:05 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 31-08-2020 21:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 31-08-2020 21:00:05 MCX Copper trading at 527 with high of 527 and low of 527

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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 46.6

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -70.0

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In 1 Hour chart MCX Copper price continues to trade at 527 and below the (Spider Signals AI Trend ) with value of 530.021 and keeps its stability below until now, while 1 Hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our view Bearish

However, if MCX Copper continues to trade below 530.021 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 526.433 support and 535.633 resistance.

Pivot (invalidation): 531.567

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / ResistanceValues
MCX Copper Pivot 531.567
MCX Copper Support 1 526.433
MCX Copper Support 2 522.367
MCX Copper Support 3 517.233
MCX Copper Resistance 1 535.633
MCX Copper Resistance 2 540.767
MCX Copper Resistance 3 544.833

Today till now @ 31-08-2020 21:00:05 MCX Copper trading at 527 with high of 546 and low of 521

Yesterday MCX Copper Closed at 530.5 with low of 527.5 and High of 536.7

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

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