Gold 1 Hour Trend Update 16-04-2020 09:00:02 by Spider Signals Call Now 9389717003 / 6399968940

At 16-04-2020 09:00:02 Gold trading at 46716 with high of 46765 and low of 46490

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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 OverBought and value is 71.5

The Gold CCI (Commodity Channel index) 14 is trading at OverBought and value is 122.7

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In 1 Hour chart Gold price continues to trade at 46716 and above the (Spider Signals AI Trend ) with value of 45310.7 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 45310.7 level, that could be an extraordinarily Bullish sign for Gold

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The expected trading range for Gold today is between 45789.7 support and 46552.7 resistance.

Pivot (invalidation): 46087.3

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / Resistance Values
Gold Pivot 46087.3
Gold Support 1 45789.7
Gold Support 2 45324.3
Gold Support 3 45026.7
Gold Resistance 1 46552.7
Gold Resistance 2 46850.3
Gold Resistance 3 47315.7

Today till now @ 16-04-2020 09:00:02 Gold trading at 46716 with high of 46785 and low of 46060

Yesterday Gold Closed at 46255 with low of 45622 and High of 46385

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

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