Gold 1 Hour Trend Update 06-08-2020 10:00:03 by Spider Signals Call Now 9389717003 / 6399968940

At 06-08-2020 10:00:03 Gold trading at 55275 with high of 55308 and low of 55241

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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 OverBought and value is 76.0

The Gold CCI (Commodity Channel index) 14 is trading at OverBought and value is 93.3

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In 1 Hour chart Gold price continues to trade at 55275 and above the (Spider Signals AI Trend ) with value of 53894.1 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 53894.1 level, that could be an extraordinarily Bullish sign for Gold

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The expected trading range for Gold today is between 55176 support and 55587 resistance.

Pivot (invalidation): 55313

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / Resistance Values
Gold Pivot 55313
Gold Support 1 55176
Gold Support 2 54902
Gold Support 3 54765
Gold Resistance 1 55587
Gold Resistance 2 55724
Gold Resistance 3 55998

Today till now @ 06-08-2020 10:00:03 Gold trading at 55275 with high of 55320 and low of 55241

Yesterday Gold Closed at 55450 with low of 55039 and High of 55450

This report is published by www.spidersignals.com using AI & Deep learning analysis

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