Gold 1 Hour Trend Update 16-10-2020 15:00:07 by Spider Signals Call Now 9389717003 / 6399968940
At 16-10-2020 15:00:07 Gold trading at 50710 with high of 50770 and low of 50710
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In 1 Hour Gold Chart as per Spider Signals AI Trend we can see the trend is Bullish
The Gold RSI (Relative strength index) 14 is trading at Range and value is 58.6
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 104.0
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In 1 Hour chart Gold price continues to trade at 50710 and above the (Spider Signals AI Trend ) with value of 50572.1 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bullish
However, if Gold continues to trade above 50572.1 level, that could be an extraordinarily Bullish sign for Gold
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The expected trading range for Gold today is between 50403.7 support and 50872.7 resistance.
Pivot (invalidation): 50576.3
Today Gold Support & Resistance Levels by Spider Signals
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| Gold Pivot / Support / Resistance | Values |
|---|---|
| Gold Pivot | 50576.3 |
| Gold Support 1 | 50403.7 |
| Gold Support 2 | 50107.3 |
| Gold Support 3 | 49934.7 |
| Gold Resistance 1 | 50872.7 |
| Gold Resistance 2 | 51045.3 |
| Gold Resistance 3 | 51341.7 |
Today till now @ 16-10-2020 15:00:07 Gold trading at 50710 with high of 50811 and low of 50564
Yesterday Gold Closed at 50700 with low of 50280 and High of 50749
This report is published by www.spidersignals.com using AI & Deep learning analysis