Gold 1 Hour Trend Update 12-01-2021 16:00:03 by Spider Signals Call Now 9389717003 / 6399968940
At 12-01-2021 16:00:03 Gold trading at 49510 with high of 49536 and low of 49502
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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 51.7
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 100.9
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In 1 Hour chart Gold price continues to trade at 49510 and below the (Spider Signals AI Trend ) with value of 49765.8 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 49765.8 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 / Resistance | Values |
|---|---|
| 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 16:00:03 Gold trading at 49510 with high of 49570 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