Gold 1 Hour Trend Update 13-08-2020 12:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 13-08-2020 12:00:05 Gold trading at 52140 with high of 52145 and low of 52025

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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 45.1

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -33.0

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In 1 Hour chart Gold price continues to trade at 52140 and below the (Spider Signals AI Trend ) with value of 53012.6 and keeps its stability below until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bearish

However, if Gold continues to trade below 53012.6 level, that could be an extraordinarily Bearish sign for Gold

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The expected trading range for Gold today is between 50624 support and 53267 resistance.

Pivot (invalidation): 51611

Today Gold Support & Resistance Levels by Spider Signals

Gold Pivot / Support / Resistance Values
Gold Pivot 51611
Gold Support 1 50624
Gold Support 2 48968
Gold Support 3 47981
Gold Resistance 1 53267
Gold Resistance 2 54254
Gold Resistance 3 55910

Today till now @ 13-08-2020 12:00:05 Gold trading at 52140 with high of 52365 and low of 51802

Yesterday Gold Closed at 52280 with low of 49955 and High of 52598

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

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