Gold 1 Hour Trend Update 19-10-2020 09:00:07 by Spider Signals Call Now 9389717003 / 6399968940
At 19-10-2020 09:00:07 Gold trading at 50545 with high of 50605 and low of 50528
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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 46.1
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -101.2
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In 1 Hour chart Gold price continues to trade at 50545 and below the (Spider Signals AI Trend ) with value of 50587.9 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 50587.9 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 @ 19-10-2020 09:00:07 Gold trading at 50545 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