Gold Trend Update 1 Hour 16-04-2020 20:00:04 by SpiderSignals.com

Gold 1 Hour Trend Update 16-04-2020 20:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 16-04-2020 20:00:04 Gold trading at 47250 with high of 47327 and low of 47040

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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 76.8

The Gold CCI (Commodity Channel index) 14 is trading at OverBought and value is 125.2

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In 1 Hour chart Gold price continues to trade at 47250 and above the (Spider Signals AI Trend ) with value of 45765.7 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 45765.7 level, that could be an extraordinarily Bullish sign for Gold

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The expected trading range for Gold today is between 46255.7 support and 46980.7 resistance.

Pivot (invalidation): 46520.3

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / ResistanceValues
Gold Pivot 46520.3
Gold Support 1 46255.7
Gold Support 2 45795.3
Gold Support 3 45530.7
Gold Resistance 1 46980.7
Gold Resistance 2 47245.3
Gold Resistance 3 47705.7

Today till now @ 16-04-2020 20:00:04 Gold trading at 47250 with high of 47327 and low of 46526

Yesterday Gold Closed at 46716 with low of 46060 and High of 46785

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

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