Gold Trend Update 1 Hour 06-05-2020 16:00:03 by SpiderSignals.com

Gold 1 Hour Trend Update 06-05-2020 16:00:03 by Spider Signals Call Now 9389717003 / 6399968940

At 06-05-2020 16:00:03 Gold trading at 45745 with high of 45780 and low of 45709

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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 55.4

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 50.4

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In 1 Hour chart Gold price continues to trade at 45745 and above the (Spider Signals AI Trend ) with value of 45653.5 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 45653.5 level, that could be an extraordinarily Bullish sign for Gold

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The expected trading range for Gold today is between 45464 support and 45937 resistance.

Pivot (invalidation): 45624

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / ResistanceValues
Gold Pivot 45624
Gold Support 1 45464
Gold Support 2 45151
Gold Support 3 44991
Gold Resistance 1 45937
Gold Resistance 2 46097
Gold Resistance 3 46410

Today till now @ 06-05-2020 16:00:03 Gold trading at 45745 with high of 45848 and low of 45641

Yesterday Gold Closed at 45777 with low of 45311 and High of 45784

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

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