Gold 1 Hour Trend Update 22-05-2020 11:00:06 by Spider Signals Call Now 9389717003 / 6399968940
At 22-05-2020 11:00:06 Gold trading at 46720 with high of 46742 and low of 46576
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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 48.6
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 34.1
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In 1 Hour chart Gold price continues to trade at 46720 and below the (Spider Signals AI Trend ) with value of 46819.3 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 46819.3 level, that could be an extraordinarily Bearish sign for Gold
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The expected trading range for Gold today is between 46109.3 support and 46918.3 resistance.
Pivot (invalidation): 46579.7
Today Gold Support & Resistance Levels by Spider Signals
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| Gold Pivot / Support / Resistance | Values |
|---|---|
| Gold Pivot | 46579.7 |
| Gold Support 1 | 46109.3 |
| Gold Support 2 | 45770.7 |
| Gold Support 3 | 45300.3 |
| Gold Resistance 1 | 46918.3 |
| Gold Resistance 2 | 47388.7 |
| Gold Resistance 3 | 47727.3 |
Today till now @ 22-05-2020 11:00:06 Gold trading at 46720 with high of 46742 and low of 46464
Yesterday Gold Closed at 46448 with low of 46241 and High of 47050
This report is published by www.spidersignals.com using AI & Deep learning analysis
