Gold 1 Hour Trend Update 20-05-2020 20:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 20-05-2020 20:00:05 Gold trading at 47007 with high of 47186 and low of 46940

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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 47.0

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -85.3

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In 1 Hour chart Gold price continues to trade at 47007 and above the (Spider Signals AI Trend ) with value of 46975.6 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our view Bullish

However, if Gold continues to trade above 46975.6 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 20:00:05 Gold trading at 47007 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

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