Gold Trend Update 1 Hour 05-02-2021 15:00:03 by SpiderSignals.com

Gold 1 Hour Trend Update 05-02-2021 15:00:03 by Spider Signals Call Now 9389717003 / 6399968940

At 05-02-2021 15:00:03 Gold trading at 46600 with high of 46660 and low of 46600

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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 OverSold and value is 18.6

The Gold CCI (Commodity Channel index) 14 is trading at OverSold and value is -171.5

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In 1 Hour chart Gold price continues to trade at 46600 and below the (Spider Signals AI Trend ) with value of 47967.3 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 47967.3 level, that could be an extraordinarily Bearish sign for Gold

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The expected trading range for Gold today is between 47709 support and 47939 resistance.

Pivot (invalidation): 47832

Today Gold Support & Resistance Levels by Spider Signals

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Gold Pivot / Support / Resistance Values
Gold Pivot 47832
Gold Support 1 47709
Gold Support 2 47602
Gold Support 3 47479
Gold Resistance 1 47939
Gold Resistance 2 48062
Gold Resistance 3 48169

Today till now @ 05-02-2021 15:00:03 Gold trading at 46600 with high of 47400 and low of 46600

Yesterday Gold Closed at 47816 with low of 47725 and High of 47955

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

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