Gold 1 Hour Trend Update 19-10-2020 10:00:06 by Spider Signals Call Now 9389717003 / 6399968940
At 19-10-2020 10:00:06 Gold trading at 50510 with high of 50520 and low of 50490
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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 -136.7
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In 1 Hour chart Gold price continues to trade at 50510 and below the (Spider Signals AI Trend ) with value of 50584.1 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 50584.1 level, that could be an extraordinarily Bearish sign for Gold
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The expected trading range for Gold today is between 50393.7 support and 50754.7 resistance.
Pivot (invalidation): 50603.3
Today Gold Support & Resistance Levels by Spider Signals
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| Gold Pivot / Support / Resistance | Values |
|---|---|
| Gold Pivot | 50603.3 |
| Gold Support 1 | 50393.7 |
| Gold Support 2 | 50242.3 |
| Gold Support 3 | 50032.7 |
| Gold Resistance 1 | 50754.7 |
| Gold Resistance 2 | 50964.3 |
| Gold Resistance 3 | 51115.7 |
Today till now @ 19-10-2020 10:00:06 Gold trading at 50510 with high of 50552 and low of 50437
Yesterday Gold Closed at 50545 with low of 50452 and High of 50813
This report is published by www.spidersignals.com using AI & Deep learning analysis