Gold 1 Hour Trend Update 22-05-2020 16:00:05 by Spider Signals Call Now 9389717003 / 6399968940
At 22-05-2020 16:00:05 Gold trading at 46939 with high of 46994 and low of 46872
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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 56.2
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 91.7
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In 1 Hour chart Gold price continues to trade at 46939 and above the (Spider Signals AI Trend ) with value of 46835.1 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 46835.1 level, that could be an extraordinarily Bullish 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 16:00:05 Gold trading at 46939 with high of 47108 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
