Gold 1 Hour Trend Update 21-05-2020 14:00:03 by Spider Signals Call Now 9389717003 / 6399968940

At 21-05-2020 14:00:03 Gold trading at 46731 with high of 46848 and low of 46718

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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 36.8

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -155.9

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In 1 Hour chart Gold price continues to trade at 46731 and below the (Spider Signals AI Trend ) with value of 46969.6 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 46969.6 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 14:00:03 Gold trading at 46731 with high of 47050 and low of 46718

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

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