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