Gold 1 Hour Trend Update 28-08-2020 20:00:05 by Spider Signals Call Now 9389717003 / 6399968940
At 28-08-2020 20:00:05 Gold trading at 51280 with high of 51326 and low of 51151
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In 1 Hour Gold Chart as per Spider Signals AI Trend we can see the trend is Bullish
The Gold RSI (Relative strength index) 14 is trading at Range and value is 51.6
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 73.3
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In 1 Hour chart Gold price continues to trade at 51280 and above the (Spider Signals AI Trend ) with value of 51307.7 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bullish
However, if Gold continues to trade above 51307.7 level, that could be an extraordinarily Bullish 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 20:00:05 Gold trading at 51280 with high of 51448 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