Gold Trend Update 1 Hour 02-09-2020 17:00:05 by SpiderSignals.com

Gold 1 Hour Trend Update 02-09-2020 17:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 02-09-2020 17:00:05 Gold trading at 51260 with high of 51441 and low of 51231

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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 38.6

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -29.1

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In 1 Hour chart Gold price continues to trade at 51260 and below the (Spider Signals AI Trend ) with value of 51540.8 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 51540.8 level, that could be an extraordinarily Bearish sign for Gold

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The expected trading range for Gold today is between 51152 support and 51949 resistance.

Pivot (invalidation): 51626

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / ResistanceValues
Gold Pivot 51626
Gold Support 1 51152
Gold Support 2 50829
Gold Support 3 50355
Gold Resistance 1 51949
Gold Resistance 2 52423
Gold Resistance 3 52746

Today till now @ 02-09-2020 17:00:05 Gold trading at 51260 with high of 51500 and low of 51139

Yesterday Gold Closed at 51475 with low of 51303 and High of 52100

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

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