Gold Trend Update 1 Hour 20-10-2020 16:00:05 by SpiderSignals.com

Gold 1 Hour Trend Update 20-10-2020 16:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 20-10-2020 16:00:05 Gold trading at 50718 with high of 50747 and low of 50696

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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 55.8

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 24.5

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In 1 Hour chart Gold price continues to trade at 50718 and above the (Spider Signals AI Trend ) with value of 50630.9 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our view Bullish

However, if Gold continues to trade above 50630.9 level, that could be an extraordinarily Bullish sign for Gold

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The expected trading range for Gold today is between 50411.3 support and 50914.3 resistance.

Pivot (invalidation): 50675.7

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / ResistanceValues
Gold Pivot 50675.7
Gold Support 1 50411.3
Gold Support 2 50172.7
Gold Support 3 49908.3
Gold Resistance 1 50914.3
Gold Resistance 2 51178.7
Gold Resistance 3 51417.3

Today till now @ 20-10-2020 16:00:05 Gold trading at 50718 with high of 50750 and low of 50491

Yesterday Gold Closed at 50650 with low of 50437 and High of 50940

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

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