Gold 1 Hour Trend Update 16-03-2020 12:00:06 by Spider Signals Call Now 8475826036 / 7906595976

At 16-03-2020 12:00:06 Gold trading at 41085 with high of 41085 and low of 40890

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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 38.0

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -43.9

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In 1 Hour chart Gold price continues to trade at 41085 and below the (Spider Signals AI Trend ) with value of 42312.2 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 42312.2 level, that could be an extraordinarily Bearish sign for Gold

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The expected trading range for Gold today is between 39624 support and 41639 resistance.

Pivot (invalidation): 40847

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / Resistance Values
Gold Pivot 40847
Gold Support 1 39624
Gold Support 2 38832
Gold Support 3 37609
Gold Resistance 1 41639
Gold Resistance 2 42862
Gold Resistance 3 43654

Today till now @ 16-03-2020 12:00:06 Gold trading at 41085 with high of 41199 and low of 40866

Yesterday Gold Closed at 40416 with low of 40055 and High of 42070

This report is published by www.spidersignals.com using AI & Deep learning analysis

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