Gold 1 Hour Trend Update 16-04-2020 13:00:06 by Spider Signals Call Now 9389717003 / 6399968940

At 16-04-2020 13:00:06 Gold trading at 47040 with high of 47099 and low of 46906

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In 1 Hour Gold Chart as per Spider Signals AI Trend we can see the trend is Bullish

The Gold RSI (Relative strength index) 14 is trading at OverBought and value is 75.3

The Gold CCI (Commodity Channel index) 14 is trading at OverBought and value is 160.3

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In 1 Hour chart Gold price continues to trade at 47040 and above the (Spider Signals AI Trend ) with value of 45537.3 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 Gold continues to trade above 45537.3 level, that could be an extraordinarily Bullish sign for Gold

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The expected trading range for Gold today is between 46255.7 support and 46980.7 resistance.

Pivot (invalidation): 46520.3

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / Resistance Values
Gold Pivot 46520.3
Gold Support 1 46255.7
Gold Support 2 45795.3
Gold Support 3 45530.7
Gold Resistance 1 46980.7
Gold Resistance 2 47245.3
Gold Resistance 3 47705.7

Today till now @ 16-04-2020 13:00:06 Gold trading at 47040 with high of 47099 and low of 46526

Yesterday Gold Closed at 46716 with low of 46060 and High of 46785

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

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