Gold Trend Update 1 Hour 24-08-2020 11:00:04 by SpiderSignals.com

Gold 1 Hour Trend Update 24-08-2020 11:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 24-08-2020 11:00:04 Gold trading at 51760 with high of 51795 and low of 51722

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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 43.1

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -53.4

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In 1 Hour chart Gold price continues to trade at 51760 and below the (Spider Signals AI Trend ) with value of 52279 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 52279 level, that could be an extraordinarily Bearish sign for Gold

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The expected trading range for Gold today is between 51357 support and 52527 resistance.

Pivot (invalidation): 51883

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / ResistanceValues
Gold Pivot 51883
Gold Support 1 51357
Gold Support 2 50713
Gold Support 3 50187
Gold Resistance 1 52527
Gold Resistance 2 53053
Gold Resistance 3 53697

Today till now @ 24-08-2020 11:00:04 Gold trading at 51760 with high of 51900 and low of 51720

Yesterday Gold Closed at 52001 with low of 51239 and High of 52409

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

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