Gold 1 Hour Trend Update 20-05-2020 17:00:04 by Spider Signals Call Now 9389717003 / 6399968940
At 20-05-2020 17:00:04 Gold trading at 47112 with high of 47270 and low of 47085
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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 51.7
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 14.4
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In 1 Hour chart Gold price continues to trade at 47112 and above the (Spider Signals AI Trend ) with value of 46964.7 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 46964.7 level, that could be an extraordinarily Bullish sign for Gold
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The expected trading range for Gold today is between 46653.7 support and 47353.7 resistance.
Pivot (invalidation): 46917.3
Today Gold Support & Resistance Levels by Spider Signals
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| Gold Pivot / Support / Resistance | Values |
|---|---|
| Gold Pivot | 46917.3 |
| Gold Support 1 | 46653.7 |
| Gold Support 2 | 46217.3 |
| Gold Support 3 | 45953.7 |
| Gold Resistance 1 | 47353.7 |
| Gold Resistance 2 | 47617.3 |
| Gold Resistance 3 | 48053.7 |
Today till now @ 20-05-2020 17:00:04 Gold trading at 47112 with high of 47354 and low of 46800
Yesterday Gold Closed at 47090 with low of 46481 and High of 47181
This report is published by www.spidersignals.com using AI & Deep learning analysis
