Gold 1 Hour Trend Update 16-03-2020 19:00:05 by Spider Signals Call Now 8475826036 / 7906595976
At 16-03-2020 19:00:05 Gold trading at 38670 with high of 38670 and low of 38670
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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 18.9
The Gold CCI (Commodity Channel index) 14 is trading at OverSold and value is -173.2
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In 1 Hour chart Gold price continues to trade at 38670 and below the (Spider Signals AI Trend ) with value of 41693.1 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 41693.1 level, that could be an extraordinarily Bearish sign for Gold
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The expected trading range for Gold today is between 39624 support and 41639 resistance.
Pivot (invalidation): 40847
Today Gold Support & Resistance Levels by Spider Signals
| Gold Pivot / Support / Resistance | Values |
|---|---|
| Gold Pivot | 40847 |
| Gold Support 1 | 39624 |
| Gold Support 2 | 38832 |
| Gold Support 3 | 37609 |
| Gold Resistance 1 | 41639 |
| Gold Resistance 2 | 42862 |
| Gold Resistance 3 | 43654 |
Today till now @ 16-03-2020 19:00:05 Gold trading at 38670 with high of 41199 and low of 38429
Yesterday Gold Closed at 40416 with low of 40055 and High of 42070
This report is published by www.spidersignals.com using AI & Deep learning analysis