Gold 1 Hour Trend Update 29-05-2020 13:00:03 by Spider Signals Call Now 9389717003 / 6399968940

At 29-05-2020 13:00:03 Gold trading at 46532 with high of 46592 and low of 46500

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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 50.9

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -58.9

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In 1 Hour chart Gold price continues to trade at 46532 and below the (Spider Signals AI Trend ) with value of 46533.4 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 46533.4 level, that could be an extraordinarily Bearish sign for Gold

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The expected trading range for Gold today is between 46116 support and 46674 resistance.

Pivot (invalidation): 46488

Today Gold Support & Resistance Levels by Spider Signals

Gold Pivot / Support / Resistance Values
Gold Pivot 46488
Gold Support 1 46116
Gold Support 2 45930
Gold Support 3 45558
Gold Resistance 1 46674
Gold Resistance 2 47046
Gold Resistance 3 47232

Today till now @ 29-05-2020 13:00:03 Gold trading at 46532 with high of 46645 and low of 46500

Yesterday Gold Closed at 46302 with low of 46302 and High of 46860

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

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