Gold Trend Update 1 Hour 07-05-2020 14:00:02 by SpiderSignals.com

Gold 1 Hour Trend Update 07-05-2020 14:00:02 by Spider Signals Call Now 9389717003 / 6399968940

At 07-05-2020 14:00:02 Gold trading at 45465 with high of 45510 and low of 45390

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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 45.7

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -33.6

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In 1 Hour chart Gold price continues to trade at 45465 and below the (Spider Signals AI Trend ) with value of 45579.3 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 45579.3 level, that could be an extraordinarily Bearish sign for Gold

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The expected trading range for Gold today is between 45147.3 support and 45675.3 resistance.

Pivot (invalidation): 45497.7

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / Resistance Values
Gold Pivot 45497.7
Gold Support 1 45147.3
Gold Support 2 44969.7
Gold Support 3 44619.3
Gold Resistance 1 45675.3
Gold Resistance 2 46025.7
Gold Resistance 3 46203.3

Today till now @ 07-05-2020 14:00:02 Gold trading at 45465 with high of 45566 and low of 45340

Yesterday Gold Closed at 45325 with low of 45320 and High of 45848

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

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