Gold 1 Hour Trend Update 10-08-2020 23:00:06 by Spider Signals Call Now 9389717003 / 6399968940
At 10-08-2020 23:00:06 Gold trading at 54940 with high of 55000 and low of 54930
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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 41.9
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -26.1
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In 1 Hour chart Gold price continues to trade at 54940 and below the (Spider Signals AI Trend ) with value of 55058.7 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 55058.7 level, that could be an extraordinarily Bearish sign for Gold
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The expected trading range for Gold today is between 54313.7 support and 55814.7 resistance.
Pivot (invalidation): 55252.3
Today Gold Support & Resistance Levels by Spider Signals
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| Gold Pivot / Support / Resistance | Values |
|---|---|
| Gold Pivot | 55252.3 |
| Gold Support 1 | 54313.7 |
| Gold Support 2 | 53751.3 |
| Gold Support 3 | 52812.7 |
| Gold Resistance 1 | 55814.7 |
| Gold Resistance 2 | 56753.3 |
| Gold Resistance 3 | 57315.7 |
Today till now @ 10-08-2020 23:00:06 Gold trading at 54940 with high of 55449 and low of 54861
Yesterday Gold Closed at 54876 with low of 54690 and High of 56191
This report is published by www.spidersignals.com using AI & Deep learning analysis