Gold 1 Hour Trend Update 21-05-2020 12:00:03 by Spider Signals Call Now 9389717003 / 6399968940
At 21-05-2020 12:00:03 Gold trading at 46848 with high of 46968 and low of 46820
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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 Range and value is 41.0
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -143.2
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In 1 Hour chart Gold price continues to trade at 46848 and below the (Spider Signals AI Trend ) with value of 46985.6 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 46985.6 level, that could be an extraordinarily Bearish sign for Gold
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The expected trading range for Gold today is between 46850 support and 47404 resistance.
Pivot (invalidation): 47102
Today Gold Support & Resistance Levels by Spider Signals
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| Gold Pivot / Support / Resistance | Values |
|---|---|
| Gold Pivot | 47102 |
| Gold Support 1 | 46850 |
| Gold Support 2 | 46548 |
| Gold Support 3 | 46296 |
| Gold Resistance 1 | 47404 |
| Gold Resistance 2 | 47656 |
| Gold Resistance 3 | 47958 |
Today till now @ 21-05-2020 12:00:03 Gold trading at 46848 with high of 47050 and low of 46820
Yesterday Gold Closed at 47152 with low of 46800 and High of 47354
This report is published by www.spidersignals.com using AI & Deep learning analysis
