Gold 1 Hour Trend Update 28-10-2020 20:00:05 by Spider Signals Call Now 9389717003 / 6399968940
At 28-10-2020 20:00:05 Gold trading at 50300 with high of 50359 and low of 50272
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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 OverSold and value is 22.1
The Gold CCI (Commodity Channel index) 14 is trading at OverSold and value is -224.5
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In 1 Hour chart Gold price continues to trade at 50300 and below the (Spider Signals AI Trend ) with value of 50839.3 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 50839.3 level, that could be an extraordinarily Bearish sign for Gold
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The expected trading range for Gold today is between 50731.3 support and 51141.3 resistance.
Pivot (invalidation): 50922.7
Today Gold Support & Resistance Levels by Spider Signals
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| Gold Pivot / Support / Resistance | Values |
|---|---|
| Gold Pivot | 50922.7 |
| Gold Support 1 | 50731.3 |
| Gold Support 2 | 50512.7 |
| Gold Support 3 | 50321.3 |
| Gold Resistance 1 | 51141.3 |
| Gold Resistance 2 | 51332.7 |
| Gold Resistance 3 | 51551.3 |
Today till now @ 28-10-2020 20:00:05 Gold trading at 50300 with high of 51065 and low of 50241
Yesterday Gold Closed at 50950 with low of 50704 and High of 51114
This report is published by www.spidersignals.com using AI & Deep learning analysis