Gold Trend Update 1 Hour 24-11-2020 14:00:06 by SpiderSignals.com

Gold 1 Hour Trend Update 24-11-2020 14:00:06 by Spider Signals Call Now 9389717003 / 6399968940

At 24-11-2020 14:00:06 Gold trading at 48992 with high of 49077 and low of 48985

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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 OverSold and value is 22.5

The Gold CCI (Commodity Channel index) 14 is trading at OverSold and value is -82.0

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In 1 Hour chart Gold price continues to trade at 48992 and below the (Spider Signals AI Trend ) with value of 49879.5 and keeps its stability below until now, while 1 Hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our view Bearish

However, if Gold continues to trade below 49879.5 level, that could be an extraordinarily Bearish sign for Gold

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The expected trading range for Gold today is between 49064 support and 50123 resistance.

Pivot (invalidation): 49707

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / ResistanceValues
Gold Pivot 49707
Gold Support 1 49064
Gold Support 2 48648
Gold Support 3 48005
Gold Resistance 1 50123
Gold Resistance 2 50766
Gold Resistance 3 51182

Today till now @ 24-11-2020 14:00:06 Gold trading at 48992 with high of 49262 and low of 48887

Yesterday Gold Closed at 49480 with low of 49291 and High of 50350

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

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