Gold 1 Hour Trend Update 04-09-2020 14:00:05 by Spider Signals Call Now 9389717003 / 6399968940
At 04-09-2020 14:00:05 Gold trading at 50760 with high of 50814 and low of 50707
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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 43.0
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -3.9
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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 51076.5 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 51076.5 level, that could be an extraordinarily Bearish sign for Gold
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The expected trading range for Gold today is between 50484 support and 51052 resistance.
Pivot (invalidation): 50776
Today Gold Support & Resistance Levels by Spider Signals
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| Gold Pivot / Support / Resistance | Values |
|---|---|
| Gold Pivot | 50776 |
| Gold Support 1 | 50484 |
| Gold Support 2 | 50208 |
| Gold Support 3 | 49916 |
| Gold Resistance 1 | 51052 |
| Gold Resistance 2 | 51344 |
| Gold Resistance 3 | 51620 |
Today till now @ 04-09-2020 14:00:05 Gold trading at 50760 with high of 50997 and low of 50707
Yesterday Gold Closed at 50760 with low of 50500 and High of 51068
This report is published by www.spidersignals.com using AI & Deep learning analysis