Gold 1 Hour Trend Update 23-10-2020 13:00:07 by Spider Signals Call Now 9389717003 / 6399968940
At 23-10-2020 13:00:07 Gold trading at 50784 with high of 50798 and low of 50760
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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 53.8
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 62.5
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In 1 Hour chart Gold price continues to trade at 50784 and below the (Spider Signals AI Trend ) with value of 50876 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 50876 level, that could be an extraordinarily Bearish sign for Gold
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The expected trading range for Gold today is between 50605 support and 50880 resistance.
Pivot (invalidation): 50715
Today Gold Support & Resistance Levels by Spider Signals
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| Gold Pivot / Support / Resistance | Values |
|---|---|
| Gold Pivot | 50715 |
| Gold Support 1 | 50605 |
| Gold Support 2 | 50440 |
| Gold Support 3 | 50330 |
| Gold Resistance 1 | 50880 |
| Gold Resistance 2 | 50990 |
| Gold Resistance 3 | 51155 |
Today till now @ 23-10-2020 13:00:07 Gold trading at 50784 with high of 50877 and low of 50685
Yesterday Gold Closed at 50770 with low of 50550 and High of 50825
This report is published by www.spidersignals.com using AI & Deep learning analysis