Gold 1 Hour Trend Update 28-02-2020 16:00:02 by Spider Signals Call Now 8475826036 / 7906595976

At 28-02-2020 16:00:02 Gold trading at 42355 with high of 42486 and low of 42355

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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 42.6

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -41.2

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In 1 Hour chart Gold price continues to trade at 42355 and below the (Spider Signals AI Trend ) with value of 42601.5 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 42601.5 level, that could be an extraordinarily Bearish sign for Gold

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The expected trading range for Gold today is between 42143.3 support and 42797.3 resistance.

Pivot (invalidation): 42559.7

Today Gold Support & Resistance Levels by Spider Signals

Gold Pivot / Support / Resistance Values
Gold Pivot 42559.7
Gold Support 1 42143.3
Gold Support 2 41905.7
Gold Support 3 41489.3
Gold Resistance 1 42797.3
Gold Resistance 2 43213.7
Gold Resistance 3 43451.3

Today till now @ 28-02-2020 16:00:02 Gold trading at 42355 with high of 42747 and low of 42294

Yesterday Gold Closed at 42381 with low of 42322 and High of 42976

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

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