Gold 1 Hour Trend Update 07-08-2020 09:00:04 by Spider Signals Call Now 9389717003 / 6399968940
At 07-08-2020 09:00:04 Gold trading at 55820 with high of 55922 and low of 55793
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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 68.2
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 75.7
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In 1 Hour chart Gold price continues to trade at 55820 and above the (Spider Signals AI Trend ) with value of 54665.3 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our view Bullish
However, if Gold continues to trade above 54665.3 level, that could be an extraordinarily Bullish sign for Gold
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The expected trading range for Gold today is between 55176 support and 55587 resistance.
Pivot (invalidation): 55313
Today Gold Support & Resistance Levels by Spider Signals
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| Gold Pivot / Support / Resistance | Values |
|---|---|
| Gold Pivot | 55313 |
| Gold Support 1 | 55176 |
| Gold Support 2 | 54902 |
| Gold Support 3 | 54765 |
| Gold Resistance 1 | 55587 |
| Gold Resistance 2 | 55724 |
| Gold Resistance 3 | 55998 |
Today till now @ 07-08-2020 09:00:04 Gold trading at 55820 with high of 56079 and low of 55241
Yesterday Gold Closed at 55450 with low of 55039 and High of 55450
This report is published by www.spidersignals.com using AI & Deep learning analysis