Gold Trend Update 1 Hour 23-10-2020 18:00:03 by SpiderSignals.com

Gold 1 Hour Trend Update 23-10-2020 18:00:03 by Spider Signals Call Now 9389717003 / 6399968940

At 23-10-2020 18:00:03 Gold trading at 51040 with high of 51040 and low of 50970

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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 62.3

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 107.3

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In 1 Hour chart Gold price continues to trade at 51040 and above the (Spider Signals AI Trend ) with value of 50882.7 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bullish

However, if Gold continues to trade above 50882.7 level, that could be an extraordinarily Bullish 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 / ResistanceValues
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 18:00:03 Gold trading at 51040 with high of 51040 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

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