Gold 1 Hour Trend Update 16-07-2020 09:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 16-07-2020 09:00:04 Gold trading at 49140 with high of 49176 and low of 49130

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In 1 Hour Gold Chart as per Spider Signals AI Trend we can see the trend is Bullish

The Gold RSI (Relative strength index) 14 is trading at Range and value is 52.2

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 41.6

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In 1 Hour chart Gold price continues to trade at 49140 and above the (Spider Signals AI Trend ) with value of 49065.1 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our view Bullish

However, if Gold continues to trade above 49065.1 level, that could be an extraordinarily Bullish sign for Gold

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The expected trading range for Gold today is between 48917.7 support and 49438.7 resistance.

Pivot (invalidation): 49104.3

Today Gold Support & Resistance Levels by Spider Signals

Gold Pivot / Support / Resistance Values
Gold Pivot 49104.3
Gold Support 1 48917.7
Gold Support 2 48583.3
Gold Support 3 48396.7
Gold Resistance 1 49438.7
Gold Resistance 2 49625.3
Gold Resistance 3 49959.7

Today till now @ 16-07-2020 09:00:04 Gold trading at 49140 with high of 49270 and low of 48914

Yesterday Gold Closed at 49252 with low of 48770 and High of 49291

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

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