Gold 1 Hour Trend Update 05-01-2021 12:00:04 by Spider Signals Call Now 9389717003 / 6399968940
At 05-01-2021 12:00:04 Gold trading at 51420 with high of 51435 and low of 51392
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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 OverBought and value is 79.5
The Gold CCI (Commodity Channel index) 14 is trading at OverBought and value is 93.7
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In 1 Hour chart Gold price continues to trade at 51420 and above the (Spider Signals AI Trend ) with value of 50690.1 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bullish
However, if Gold continues to trade above 50690.1 level, that could be an extraordinarily Bullish sign for Gold
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The expected trading range for Gold today is between 50680.7 support and 51870.7 resistance.
Pivot (invalidation): 51085.3
Today Gold Support & Resistance Levels by Spider Signals
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| Gold Pivot / Support / Resistance | Values |
|---|---|
| Gold Pivot | 51085.3 |
| Gold Support 1 | 50680.7 |
| Gold Support 2 | 49895.3 |
| Gold Support 3 | 49490.7 |
| Gold Resistance 1 | 51870.7 |
| Gold Resistance 2 | 52275.3 |
| Gold Resistance 3 | 53060.7 |
Today till now @ 05-01-2021 12:00:04 Gold trading at 51420 with high of 51478 and low of 51374
Yesterday Gold Closed at 51466 with low of 50300 and High of 51490
This report is published by www.spidersignals.com using AI & Deep learning analysis