Gold Trend Update 1 Hour 08-10-2020 09:00:05 by SpiderSignals.com

Gold 1 Hour Trend Update 08-10-2020 09:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 08-10-2020 09:00:05 Gold trading at 50022 with high of 50084 and low of 50008

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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 39.4

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -42.1

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In 1 Hour chart Gold price continues to trade at 50022 and below the (Spider Signals AI Trend ) with value of 50270.1 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 50270.1 level, that could be an extraordinarily Bearish sign for Gold

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The expected trading range for Gold today is between 50291.3 support and 50823.3 resistance.

Pivot (invalidation): 50636.7

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / Resistance Values
Gold Pivot 50636.7
Gold Support 1 50291.3
Gold Support 2 50104.7
Gold Support 3 49759.3
Gold Resistance 1 50823.3
Gold Resistance 2 51168.7
Gold Resistance 3 51355.3

Today till now @ 08-10-2020 09:00:05 Gold trading at 50022 with high of 50361 and low of 49880

Yesterday Gold Closed at 50478 with low of 50450 and High of 50982

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

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