Gold Trend Update 1 Hour 06-07-2020 17:00:06 by SpiderSignals.com

Gold 1 Hour Trend Update 06-07-2020 17:00:06 by Spider Signals Call Now 9389717003 / 6399968940

At 06-07-2020 17:00:06 Gold trading at 48000 with high of 48047 and low of 47970

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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 47.2

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 6.6

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In 1 Hour chart Gold price continues to trade at 48000 and below the (Spider Signals AI Trend ) with value of 48111 and keeps its stability below until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bearish

However, if Gold continues to trade below 48111 level, that could be an extraordinarily Bearish sign for Gold

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The expected trading range for Gold today is between 47936.7 support and 48176.7 resistance.

Pivot (invalidation): 48063.3

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / ResistanceValues
Gold Pivot 48063.3
Gold Support 1 47936.7
Gold Support 2 47823.3
Gold Support 3 47696.7
Gold Resistance 1 48176.7
Gold Resistance 2 48303.3
Gold Resistance 3 48416.7

Today till now @ 06-07-2020 17:00:06 Gold trading at 48000 with high of 48085 and low of 47775

Yesterday Gold Closed at 48050 with low of 47950 and High of 48190

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

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