Gold 1 Hour Trend Update 04-08-2020 09:00:06 by Spider Signals Call Now 9389717003 / 6399968940
At 04-08-2020 09:00:06 Gold trading at 54025 with high of 54050 and low of 54025
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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 62.9
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 97.0
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In 1 Hour chart Gold price continues to trade at 54025 and above the (Spider Signals AI Trend ) with value of 53380 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our view Bullish
However, if Gold continues to trade above 53380 level, that could be an extraordinarily Bullish sign for Gold
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The expected trading range for Gold today is between 53526.7 support and 53996.7 resistance.
Pivot (invalidation): 53723.3
Today Gold Support & Resistance Levels by Spider Signals
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| Gold Pivot / Support / Resistance | Values |
|---|---|
| Gold Pivot | 53723.3 |
| Gold Support 1 | 53526.7 |
| Gold Support 2 | 53253.3 |
| Gold Support 3 | 53056.7 |
| Gold Resistance 1 | 53996.7 |
| Gold Resistance 2 | 54193.3 |
| Gold Resistance 3 | 54466.7 |
Today till now @ 04-08-2020 09:00:06 Gold trading at 54025 with high of 54199 and low of 53564
Yesterday Gold Closed at 53800 with low of 53450 and High of 53920
This report is published by www.spidersignals.com using AI & Deep learning analysis