Gold Trend Update 1 Hour 04-09-2020 09:00:04 by SpiderSignals.com

Gold 1 Hour Trend Update 04-09-2020 09:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 04-09-2020 09:00:04 Gold trading at 50760 with high of 50786 and low of 50652

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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 42.6

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -48.5

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In 1 Hour chart Gold price continues to trade at 50760 and below the (Spider Signals AI Trend ) with value of 51128.6 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 51128.6 level, that could be an extraordinarily Bearish sign for Gold

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The expected trading range for Gold today is between 50513 support and 51372 resistance.

Pivot (invalidation): 51034

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / ResistanceValues
Gold Pivot 51034
Gold Support 1 50513
Gold Support 2 50175
Gold Support 3 49654
Gold Resistance 1 51372
Gold Resistance 2 51893
Gold Resistance 3 52231

Today till now @ 04-09-2020 09:00:04 Gold trading at 50760 with high of 51068 and low of 50500

Yesterday Gold Closed at 50851 with low of 50696 and High of 51555

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

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