Gold Trend Update 1 Hour 12-05-2020 18:00:04 by SpiderSignals.com

Gold 1 Hour Trend Update 12-05-2020 18:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 12-05-2020 18:00:04 Gold trading at 45680 with high of 45814 and low of 45654

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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 40.8

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -128.6

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In 1 Hour chart Gold price continues to trade at 45680 and below the (Spider Signals AI Trend ) with value of 45803.8 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 45803.8 level, that could be an extraordinarily Bearish sign for Gold

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The expected trading range for Gold today is between 45606.7 support and 45976.7 resistance.

Pivot (invalidation): 45783.3

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / Resistance Values
Gold Pivot 45783.3
Gold Support 1 45606.7
Gold Support 2 45413.3
Gold Support 3 45236.7
Gold Resistance 1 45976.7
Gold Resistance 2 46153.3
Gold Resistance 3 46346.7

Today till now @ 12-05-2020 18:00:04 Gold trading at 45680 with high of 45970 and low of 45654

Yesterday Gold Closed at 45800 with low of 45590 and High of 45960

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

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