Gold Trend Update 1 Hour 12-01-2021 11:00:04 by SpiderSignals.com

Gold 1 Hour Trend Update 12-01-2021 11:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 12-01-2021 11:00:04 Gold trading at 49383 with high of 49390 and low of 49280

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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 46.5

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 81.8

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In 1 Hour chart Gold price continues to trade at 49383 and below the (Spider Signals AI Trend ) with value of 49828.2 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 49828.2 level, that could be an extraordinarily Bearish sign for Gold

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The expected trading range for Gold today is between 48826.7 support and 49581.7 resistance.

Pivot (invalidation): 49108.3

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / ResistanceValues
Gold Pivot 49108.3
Gold Support 1 48826.7
Gold Support 2 48353.3
Gold Support 3 48071.7
Gold Resistance 1 49581.7
Gold Resistance 2 49863.3
Gold Resistance 3 50336.7

Today till now @ 12-01-2021 11:00:04 Gold trading at 49383 with high of 49390 and low of 49280

Yesterday Gold Closed at 49300 with low of 48635 and High of 49390

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

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