Gold Trend Update 1 Hour 13-05-2020 16:00:06 by SpiderSignals.com

Gold 1 Hour Trend Update 13-05-2020 16:00:06 by Spider Signals Call Now 9389717003 / 6399968940

At 13-05-2020 16:00:06 Gold trading at 45671 with high of 45699 and low of 45573

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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 45.7

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -35.6

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In 1 Hour chart Gold price continues to trade at 45671 and below the (Spider Signals AI Trend ) with value of 45749.8 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 45749.8 level, that could be an extraordinarily Bearish sign for Gold

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The expected trading range for Gold today is between 45472.7 support and 45898.7 resistance.

Pivot (invalidation): 45721.3

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / ResistanceValues
Gold Pivot 45721.3
Gold Support 1 45472.7
Gold Support 2 45295.3
Gold Support 3 45046.7
Gold Resistance 1 45898.7
Gold Resistance 2 46147.3
Gold Resistance 3 46324.7

Today till now @ 13-05-2020 16:00:06 Gold trading at 45671 with high of 45725 and low of 45501

Yesterday Gold Closed at 45650 with low of 45544 and High of 45970

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

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