Gold Trend Update 1 Hour 07-09-2020 16:00:03 by SpiderSignals.com

Gold 1 Hour Trend Update 07-09-2020 16:00:03 by Spider Signals Call Now 9389717003 / 6399968940

At 07-09-2020 16:00:03 Gold trading at 50782 with high of 50848 and low of 50745

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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 49.0

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 65.1

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In 1 Hour chart Gold price continues to trade at 50782 and below the (Spider Signals AI Trend ) with value of 50916 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 50916 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 / ResistanceValues
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 16:00:03 Gold trading at 50782 with high of 50873 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

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