Gold 1 Hour Trend Update 31-08-2020 23:00:06 by Spider Signals Call Now 9389717003 / 6399968940
At 31-08-2020 23:00:06 Gold trading at 51687 with high of 51740 and low of 51671
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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 56.4
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 112.1
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In 1 Hour chart Gold price continues to trade at 51687 and above the (Spider Signals AI Trend ) with value of 51466 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our view Bullish
However, if Gold continues to trade above 51466 level, that could be an extraordinarily Bullish sign for Gold
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The expected trading range for Gold today is between 50942.7 support and 51802.7 resistance.
Pivot (invalidation): 51346.3
Today Gold Support & Resistance Levels by Spider Signals
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| Gold Pivot / Support / Resistance | Values |
|---|---|
| Gold Pivot | 51346.3 |
| Gold Support 1 | 50942.7 |
| Gold Support 2 | 50486.3 |
| Gold Support 3 | 50082.7 |
| Gold Resistance 1 | 51802.7 |
| Gold Resistance 2 | 52206.3 |
| Gold Resistance 3 | 52662.7 |
Today till now @ 31-08-2020 23:00:06 Gold trading at 51687 with high of 51875 and low of 51460
Yesterday Gold Closed at 51399 with low of 50890 and High of 51750
This report is published by www.spidersignals.com using AI & Deep learning analysis