Gold 1 Hour Trend Update 07-09-2020 13:00:06 by Spider Signals Call Now 9389717003 / 6399968940
At 07-09-2020 13:00:06 Gold trading at 50776 with high of 50794 and low of 50737
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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 49.2
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 27.9
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In 1 Hour chart Gold price continues to trade at 50776 and below the (Spider Signals AI Trend ) with value of 50925.7 and keeps its stability below until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bearish
However, if Gold continues to trade below 50925.7 level, that could be an extraordinarily Bearish sign for Gold
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The expected trading range for Gold today is between 50340.7 support and 51060.7 resistance.
Pivot (invalidation): 50711.3
Today Gold Support & Resistance Levels by Spider Signals
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| Gold Pivot / Support / Resistance | Values |
|---|---|
| Gold Pivot | 50711.3 |
| Gold Support 1 | 50340.7 |
| Gold Support 2 | 49991.3 |
| Gold Support 3 | 49620.7 |
| Gold Resistance 1 | 51060.7 |
| Gold Resistance 2 | 51431.3 |
| Gold Resistance 3 | 51780.7 |
Today till now @ 07-09-2020 13:00:06 Gold trading at 50776 with high of 50823 and low of 50680
Yesterday Gold Closed at 50690 with low of 50362 and High of 51082
This report is published by www.spidersignals.com using AI & Deep learning analysis