Gold 1 Hour Trend Update 20-10-2020 20:00:05 by Spider Signals Call Now 9389717003 / 6399968940
At 20-10-2020 20:00:05 Gold trading at 50610 with high of 50675 and low of 50535
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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 46.4
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 25.5
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In 1 Hour chart Gold price continues to trade at 50610 and below the (Spider Signals AI Trend ) with value of 50642.4 and keeps its stability below until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bearish
However, if Gold continues to trade below 50642.4 level, that could be an extraordinarily Bearish 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 / Resistance | Values |
|---|---|
| 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 20:00:05 Gold trading at 50610 with high of 50790 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