Gold Trend Update 1 Hour 18-08-2020 14:00:07 by SpiderSignals.com

Gold 1 Hour Trend Update 18-08-2020 14:00:07 by Spider Signals Call Now 9389717003 / 6399968940

At 18-08-2020 14:00:07 Gold trading at 53790 with high of 53912 and low of 53790

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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 73.8

The Gold CCI (Commodity Channel index) 14 is trading at OverBought and value is 109.9

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In 1 Hour chart Gold price continues to trade at 53790 and above the (Spider Signals AI Trend ) with value of 52860.9 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 52860.9 level, that could be an extraordinarily Bullish sign for Gold

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The expected trading range for Gold today is between 52434.3 support and 53764.3 resistance.

Pivot (invalidation): 52938.7

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / ResistanceValues
Gold Pivot 52938.7
Gold Support 1 52434.3
Gold Support 2 51608.7
Gold Support 3 51104.3
Gold Resistance 1 53764.3
Gold Resistance 2 54268.7
Gold Resistance 3 55094.3

Today till now @ 18-08-2020 14:00:07 Gold trading at 53790 with high of 53965 and low of 53322

Yesterday Gold Closed at 53260 with low of 52113 and High of 53443

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

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