Gold 1 Hour Trend Update 05-05-2020 09:00:02 by Spider Signals Call Now 9389717003 / 6399968940

At 05-05-2020 09:00:02 Gold trading at 45897 with high of 45900 and low of 45716

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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 Range and value is 62.2

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -12.5

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In 1 Hour chart Gold price continues to trade at 45897 and above the (Spider Signals AI Trend ) with value of 45667.7 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 45667.7 level, that could be an extraordinarily Bullish sign for Gold

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The expected trading range for Gold today is between 45004 support and 45854 resistance.

Pivot (invalidation): 45302

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / Resistance Values
Gold Pivot 45302
Gold Support 1 45004
Gold Support 2 44452
Gold Support 3 44154
Gold Resistance 1 45854
Gold Resistance 2 46152
Gold Resistance 3 46704

Today till now @ 05-05-2020 09:00:02 Gold trading at 45897 with high of 45978 and low of 45461

Yesterday Gold Closed at 45556 with low of 44750 and High of 45600

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

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