Gold 1 Hour Trend Update 07-05-2020 15:00:03 by Spider Signals Call Now 9389717003 / 6399968940
At 07-05-2020 15:00:03 Gold trading at 45478 with high of 45533 and low of 45440
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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 46.5
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -3.7
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In 1 Hour chart Gold price continues to trade at 45478 and below the (Spider Signals AI Trend ) with value of 45575.3 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 45575.3 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 15:00:03 Gold trading at 45478 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