Gold 1 Hour Trend Update 07-09-2020 23:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 07-09-2020 23:00:04 Gold trading at 50910 with high of 50911 and low of 50860

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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 56.4

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 115.2

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In 1 Hour chart Gold price continues to trade at 50910 and below the (Spider Signals AI Trend ) with value of 50900.3 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 50900.3 level, that could be an extraordinarily Bearish sign for Gold

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The expected trading range for Gold today is between 50340.7 support and 51060.7 resistance.

Pivot (invalidation): 50711.3

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / Resistance Values
Gold Pivot 50711.3
Gold Support 1 50340.7
Gold Support 2 49991.3
Gold Support 3 49620.7
Gold Resistance 1 51060.7
Gold Resistance 2 51431.3
Gold Resistance 3 51780.7

Today till now @ 07-09-2020 23:00:04 Gold trading at 50910 with high of 50927 and low of 50680

Yesterday Gold Closed at 50690 with low of 50362 and High of 51082

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

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