Gold Trend Update 1 Hour 04-05-2020 10:00:02 by SpiderSignals.com

Gold 1 Hour Trend Update 04-05-2020 10:00:02 by Spider Signals Call Now 9389717003 / 6399968940

At 04-05-2020 10:00:02 Gold trading at 45520 with high of 45598 and low of 45461

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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 52.9

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 91.0

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In 1 Hour chart Gold price continues to trade at 45520 and below the (Spider Signals AI Trend ) with value of 45615.5 and keeps its stability below until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bearish

However, if Gold continues to trade below 45615.5 level, that could be an extraordinarily Bearish sign for Gold

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The expected trading range for Gold today is between 45004 support and 45854 resistance.

Pivot (invalidation): 45302

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / ResistanceValues
Gold Pivot 45302
Gold Support 1 45004
Gold Support 2 44452
Gold Support 3 44154
Gold Resistance 1 45854
Gold Resistance 2 46152
Gold Resistance 3 46704

Today till now @ 04-05-2020 10:00:02 Gold trading at 45520 with high of 45598 and low of 45461

Yesterday Gold Closed at 45556 with low of 44750 and High of 45600

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

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