Gold 1 Hour Trend Update 08-07-2020 14:00:06 by Spider Signals Call Now 9389717003 / 6399968940
At 08-07-2020 14:00:06 Gold trading at 48920 with high of 48921 and low of 48724
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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 74.3
The Gold CCI (Commodity Channel index) 14 is trading at OverBought and value is 84.8
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In 1 Hour chart Gold price continues to trade at 48920 and above the (Spider Signals AI Trend ) with value of 48357.6 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 48357.6 level, that could be an extraordinarily Bullish sign for Gold
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The expected trading range for Gold today is between 48315.7 support and 49039.7 resistance.
Pivot (invalidation): 48570.3
Today Gold Support & Resistance Levels by Spider Signals
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| Gold Pivot / Support / Resistance | Values |
|---|---|
| Gold Pivot | 48570.3 |
| Gold Support 1 | 48315.7 |
| Gold Support 2 | 47846.3 |
| Gold Support 3 | 47591.7 |
| Gold Resistance 1 | 49039.7 |
| Gold Resistance 2 | 49294.3 |
| Gold Resistance 3 | 49763.7 |
Today till now @ 08-07-2020 14:00:06 Gold trading at 48920 with high of 48921 and low of 48642
Yesterday Gold Closed at 48785 with low of 48101 and High of 48825
This report is published by www.spidersignals.com using AI & Deep learning analysis