Gold Trend Update 1 Hour 08-05-2020 09:00:05 by SpiderSignals.com

Gold 1 Hour Trend Update 08-05-2020 09:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 08-05-2020 09:00:05 Gold trading at 46165 with high of 46209 and low of 46092

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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 OverBought and value is 77.1

The Gold CCI (Commodity Channel index) 14 is trading at OverBought and value is 283.8

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In 1 Hour chart Gold price continues to trade at 46165 and above the (Spider Signals AI Trend ) with value of 45596.6 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bullish

However, if Gold continues to trade above 45596.6 level, that could be an extraordinarily Bullish 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 @ 08-05-2020 09:00:05 Gold trading at 46165 with high of 46209 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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