Gold 1 Hour Trend Update 11-08-2020 19:00:04 by Spider Signals Call Now 9389717003 / 6399968940
At 11-08-2020 19:00:04 Gold trading at 52530 with high of 52655 and low of 52022
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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 OverSold and value is 11.7
The Gold CCI (Commodity Channel index) 14 is trading at OverSold and value is -152.8
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In 1 Hour chart Gold price continues to trade at 52530 and below the (Spider Signals AI Trend ) with value of 54622 and keeps its stability below until now, while 1 Hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our view Bearish
However, if Gold continues to trade below 54622 level, that could be an extraordinarily Bearish sign for Gold
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The expected trading range for Gold today is between 54740.3 support and 55328.3 resistance.
Pivot (invalidation): 55094.7
Today Gold Support & Resistance Levels by Spider Signals
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| Gold Pivot / Support / Resistance | Values |
|---|---|
| Gold Pivot | 55094.7 |
| Gold Support 1 | 54740.3 |
| Gold Support 2 | 54506.7 |
| Gold Support 3 | 54152.3 |
| Gold Resistance 1 | 55328.3 |
| Gold Resistance 2 | 55682.7 |
| Gold Resistance 3 | 55916.3 |
Today till now @ 11-08-2020 19:00:04 Gold trading at 52530 with high of 54750 and low of 52022
Yesterday Gold Closed at 54974 with low of 54861 and High of 55449
This report is published by www.spidersignals.com using AI & Deep learning analysis