Gold Trend Update 1 Hour 06-05-2020 22:00:04 by SpiderSignals.com

Gold 1 Hour Trend Update 06-05-2020 22:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 06-05-2020 22:00:04 Gold trading at 45427 with high of 45500 and low of 45320

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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 38.1

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -141.8

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In 1 Hour chart Gold price continues to trade at 45427 and below the (Spider Signals AI Trend ) with value of 45628.4 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 45628.4 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 22:00:04 Gold trading at 45427 with high of 45848 and low of 45320

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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