Gold 1 Hour Trend Update 24-08-2020 18:00:06 by Spider Signals Call Now 9389717003 / 6399968940
At 24-08-2020 18:00:06 Gold trading at 51870 with high of 52070 and low of 51761
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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 48.0
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -50.2
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In 1 Hour chart Gold price continues to trade at 51870 and below the (Spider Signals AI Trend ) with value of 52159.3 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 52159.3 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 / Resistance | Values |
|---|---|
| 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 18:00:06 Gold trading at 51870 with high of 52232 and low of 51630
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