Gold Trend Update 1 Hour 27-08-2020 21:00:06 by SpiderSignals.com

Gold 1 Hour Trend Update 27-08-2020 21:00:06 by Spider Signals Call Now 9389717003 / 6399968940

At 27-08-2020 21:00:06 Gold trading at 50720 with high of 50880 and low of 50678

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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 30.2

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -243.6

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In 1 Hour chart Gold price continues to trade at 50720 and below the (Spider Signals AI Trend ) with value of 51422.1 and keeps its stability below until now, while 1 Hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our view Bearish

However, if Gold continues to trade below 51422.1 level, that could be an extraordinarily Bearish sign for Gold

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The expected trading range for Gold today is between 50961.3 support and 52286.3 resistance.

Pivot (invalidation): 51418.7

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / ResistanceValues
Gold Pivot 51418.7
Gold Support 1 50961.3
Gold Support 2 50093.7
Gold Support 3 49636.3
Gold Resistance 1 52286.3
Gold Resistance 2 52743.7
Gold Resistance 3 53611.3

Today till now @ 27-08-2020 21:00:06 Gold trading at 50720 with high of 52160 and low of 50533

Yesterday Gold Closed at 51829 with low of 50551 and High of 51876

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

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