Gold Trend Update 1 Hour 15-10-2020 12:00:05 by SpiderSignals.com

Gold 1 Hour Trend Update 15-10-2020 12:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 15-10-2020 12:00:05 Gold trading at 50408 with high of 50425 and low of 50330

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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 44.2

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -42.6

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In 1 Hour chart Gold price continues to trade at 50408 and below the (Spider Signals AI Trend ) with value of 50570.5 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 50570.5 level, that could be an extraordinarily Bearish sign for Gold

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The expected trading range for Gold today is between 50274 support and 50743 resistance.

Pivot (invalidation): 50507

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / ResistanceValues
Gold Pivot 50507
Gold Support 1 50274
Gold Support 2 50038
Gold Support 3 49805
Gold Resistance 1 50743
Gold Resistance 2 50976
Gold Resistance 3 51212

Today till now @ 15-10-2020 12:00:05 Gold trading at 50408 with high of 50445 and low of 50314

Yesterday Gold Closed at 50510 with low of 50271 and High of 50740

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

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