Gold Trend Update 1 Hour 08-05-2020 17:00:02 by SpiderSignals.com

Gold 1 Hour Trend Update 08-05-2020 17:00:02 by Spider Signals Call Now 9389717003 / 6399968940

At 08-05-2020 17:00:02 Gold trading at 46071 with high of 46250 and low of 46064

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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 58.8

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 41.6

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In 1 Hour chart Gold price continues to trade at 46071 and above the (Spider Signals AI Trend ) with value of 45763 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 45763 level, that could be an extraordinarily Bullish sign for Gold

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The expected trading range for Gold today is between 45600.3 support and 46469.3 resistance.

Pivot (invalidation): 45904.7

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / Resistance Values
Gold Pivot 45904.7
Gold Support 1 45600.3
Gold Support 2 45035.7
Gold Support 3 44731.3
Gold Resistance 1 46469.3
Gold Resistance 2 46773.7
Gold Resistance 3 47338.3

Today till now @ 08-05-2020 17:00:02 Gold trading at 46071 with high of 46377 and low of 45934

Yesterday Gold Closed at 46165 with low of 45340 and High of 46209

This report is published by www.spidersignals.com using AI & Deep learning analysis

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