Gold Trend Update 1 Hour 14-08-2020 14:00:05 by SpiderSignals.com

Gold 1 Hour Trend Update 14-08-2020 14:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 14-08-2020 14:00:05 Gold trading at 52605 with high of 52649 and low of 52451

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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 53.8

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 11.0

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In 1 Hour chart Gold price continues to trade at 52605 and below the (Spider Signals AI Trend ) with value of 52708.5 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 52708.5 level, that could be an extraordinarily Bearish sign for Gold

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The expected trading range for Gold today is between 52070.7 support and 53306.7 resistance.

Pivot (invalidation): 52554.3

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / ResistanceValues
Gold Pivot 52554.3
Gold Support 1 52070.7
Gold Support 2 51318.3
Gold Support 3 50834.7
Gold Resistance 1 53306.7
Gold Resistance 2 53790.3
Gold Resistance 3 54542.7

Today till now @ 14-08-2020 14:00:05 Gold trading at 52605 with high of 52743 and low of 52160

Yesterday Gold Closed at 52823 with low of 51802 and High of 53038

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

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