Gold Trend Update 1 Hour 12-05-2020 11:00:02 by SpiderSignals.com

Gold 1 Hour Trend Update 12-05-2020 11:00:02 by Spider Signals Call Now 9389717003 / 6399968940

At 12-05-2020 11:00:02 Gold trading at 45913 with high of 45970 and low of 45901

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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 55.0

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 160.1

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In 1 Hour chart Gold price continues to trade at 45913 and above the (Spider Signals AI Trend ) with value of 45797.6 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 45797.6 level, that could be an extraordinarily Bullish sign for Gold

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The expected trading range for Gold today is between 45606.7 support and 45976.7 resistance.

Pivot (invalidation): 45783.3

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / ResistanceValues
Gold Pivot 45783.3
Gold Support 1 45606.7
Gold Support 2 45413.3
Gold Support 3 45236.7
Gold Resistance 1 45976.7
Gold Resistance 2 46153.3
Gold Resistance 3 46346.7

Today till now @ 12-05-2020 11:00:02 Gold trading at 45913 with high of 45970 and low of 45876

Yesterday Gold Closed at 45800 with low of 45590 and High of 45960

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

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