Gold 1 Hour Trend Update 16-07-2020 10:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 16-07-2020 10:00:04 Gold trading at 49190 with high of 49198 and low of 49103

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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 55.2

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is 49.5

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In 1 Hour chart Gold price continues to trade at 49190 and above the (Spider Signals AI Trend ) with value of 49072.8 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bullish

However, if Gold continues to trade above 49072.8 level, that could be an extraordinarily Bullish sign for Gold

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The expected trading range for Gold today is between 48946 support and 49302 resistance.

Pivot (invalidation): 49108

Today Gold Support & Resistance Levels by Spider Signals

Gold Pivot / Support / Resistance Values
Gold Pivot 49108
Gold Support 1 48946
Gold Support 2 48752
Gold Support 3 48590
Gold Resistance 1 49302
Gold Resistance 2 49464
Gold Resistance 3 49658

Today till now @ 16-07-2020 10:00:04 Gold trading at 49190 with high of 49198 and low of 49103

Yesterday Gold Closed at 49140 with low of 48914 and High of 49270

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

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