Gold 1 Hour Trend Update 01-05-2020 13:00:02 by Spider Signals Call Now 9389717003 / 6399968940
At 01-05-2020 13:00:02 Gold trading at 44933 with high of 44949 and low of 44870
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In 1 Hour Gold Chart as per Spider Signals AI Trend we can see the trend is Bearish
The Gold RSI (Relative strength index) 14 is trading at OverSold and value is 27.7
The Gold CCI (Commodity Channel index) 14 is trading at OverSold and value is -170.9
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In 1 Hour chart Gold price continues to trade at 44933 and below the (Spider Signals AI Trend ) with value of 45776.9 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 Gold continues to trade below 45776.9 level, that could be an extraordinarily Bearish sign for Gold
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The expected trading range for Gold today is between 45247.7 support and 45964.7 resistance.
Pivot (invalidation): 45712.3
Today Gold Support & Resistance Levels by Spider Signals
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| Gold Pivot / Support / Resistance | Values |
|---|---|
| Gold Pivot | 45712.3 |
| Gold Support 1 | 45247.7 |
| Gold Support 2 | 44995.3 |
| Gold Support 3 | 44530.7 |
| Gold Resistance 1 | 45964.7 |
| Gold Resistance 2 | 46429.3 |
| Gold Resistance 3 | 46681.7 |
Today till now @ 01-05-2020 13:00:02 Gold trading at 44933 with high of 45940 and low of 44740
Yesterday Gold Closed at 45500 with low of 45460 and High of 46177
This report is published by www.spidersignals.com using AI & Deep learning analysis
