MCX Copper Trend Update 1 Hour 30-09-2020 16:00:04 by SpiderSignals.com

MCX Copper 1 Hour Trend Update 30-09-2020 16:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 30-09-2020 16:00:04 MCX Copper trading at 530.5 with high of 531.5 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 Bearish

The MCX Copper RSI (Relative strength index) 14 is trading at Range and value is 47.0

The MCX Copper CCI (Commodity Channel index) 14 is trading at Range and value is -81.1

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In 1 Hour chart MCX Copper price continues to trade at 530.5 and below the (Spider Signals AI Trend ) with value of 530.9 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 530.9 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 529.95 support and 534.5 resistance.

Pivot (invalidation): 532.25

Today MCX Copper Support & Resistance Levels by Spider Signals

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MCX Copper Pivot / Support / Resistance Values
MCX Copper Pivot 532.25
MCX Copper Support 1 529.95
MCX Copper Support 2 527.7
MCX Copper Support 3 525.4
MCX Copper Resistance 1 534.5
MCX Copper Resistance 2 536.8
MCX Copper Resistance 3 539.05

Today till now @ 30-09-2020 16:00:04 MCX Copper trading at 530.5 with high of 535.1 and low of 530.5

Yesterday MCX Copper Closed at 532.2 with low of 530 and High of 534.55

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

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