Gold 1 Hour Trend Update 06-05-2020 19:00:07 by Spider Signals Call Now 9389717003 / 6399968940
At 06-05-2020 19:00:07 Gold trading at 45480 with high of 45716 and low of 45371
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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 40.4
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -140.9
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In 1 Hour chart Gold price continues to trade at 45480 and below the (Spider Signals AI Trend ) with value of 45652.3 and keeps its stability below until now, while 1 Hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our view Bearish
However, if Gold continues to trade below 45652.3 level, that could be an extraordinarily Bearish 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 / Resistance | Values |
|---|---|
| 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 19:00:07 Gold trading at 45480 with high of 45848 and low of 45371
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