Gold Trend Update 1 Hour 28-08-2020 13:00:04 by SpiderSignals.com

Gold 1 Hour Trend Update 28-08-2020 13:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 28-08-2020 13:00:04 Gold trading at 51196 with high of 51269 and low of 51127

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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 49.9

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -22.7

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In 1 Hour chart Gold price continues to trade at 51196 and below the (Spider Signals AI Trend ) with value of 51316.1 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 51316.1 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 / ResistanceValues
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 13:00:04 Gold trading at 51196 with high of 51269 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

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