Gold 1 Hour Trend Update 23-12-2020 12:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 23-12-2020 12:00:05 Gold trading at 49948 with high of 50000 and low of 49925

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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 37.0

The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -88.7

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In 1 Hour chart Gold price continues to trade at 49948 and below the (Spider Signals AI Trend ) with value of 50214.1 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 50214.1 level, that could be an extraordinarily Bearish sign for Gold

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The expected trading range for Gold today is between 49812 support and 50429 resistance.

Pivot (invalidation): 50176

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / Resistance Values
Gold Pivot 50176
Gold Support 1 49812
Gold Support 2 49559
Gold Support 3 49195
Gold Resistance 1 50429
Gold Resistance 2 50793
Gold Resistance 3 51046

Today till now @ 23-12-2020 12:00:05 Gold trading at 49948 with high of 50097 and low of 49925

Yesterday Gold Closed at 50065 with low of 49923 and High of 50540

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

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