Gold 1 Hour Trend Update 28-08-2020 12:00:04 by Spider Signals Call Now 9389717003 / 6399968940
At 28-08-2020 12:00:04 Gold trading at 50968 with high of 51029 and low of 50924
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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 43.6
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -49.6
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In 1 Hour chart Gold price continues to trade at 50968 and below the (Spider Signals AI Trend ) with value of 51323.9 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 51323.9 level, that could be an extraordinarily Bearish sign for Gold
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The expected trading range for Gold today is between 50221.3 support and 51848.3 resistance.
Pivot (invalidation): 51190.7
Today Gold Support & Resistance Levels by Spider Signals
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| Gold Pivot / Support / Resistance | Values |
|---|---|
| Gold Pivot | 51190.7 |
| Gold Support 1 | 50221.3 |
| Gold Support 2 | 49563.7 |
| Gold Support 3 | 48594.3 |
| Gold Resistance 1 | 51848.3 |
| Gold Resistance 2 | 52817.7 |
| Gold Resistance 3 | 53475.3 |
Today till now @ 28-08-2020 12:00:04 Gold trading at 50968 with high of 51244 and low of 50890
Yesterday Gold Closed at 50879 with low of 50533 and High of 52160
This report is published by www.spidersignals.com using AI & Deep learning analysis