Gold 1 Hour Trend Update 16-10-2020 22:00:04 by Spider Signals Call Now 9389717003 / 6399968940
At 16-10-2020 22:00:04 Gold trading at 50559 with high of 50559 and low of 50520
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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 47.0
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -205.0
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In 1 Hour chart Gold price continues to trade at 50559 and below the (Spider Signals AI Trend ) with value of 50590.5 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 50590.5 level, that could be an extraordinarily Bearish 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 22:00:04 Gold trading at 50559 with high of 50813 and low of 50452
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