Silver 1 Hour Trend Update 06-05-2020 09:00:04 by Spider Signals Call Now 9389717003 / 6399968940
At 06-05-2020 09:00:04 Silver trading at 41386 with high of 41600 and low of 41386
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In 1 Hour Silver Chart as per Spider Signals AI Trend we can see the trend is Bearish
The Silver RSI (Relative strength index) 14 is trading at Range and value is 55.6
The Silver CCI (Commodity Channel index) 14 is trading at Range and value is 72.9
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In 1 Hour chart Silver price continues to trade at 41386 and below the (Spider Signals AI Trend ) with value of 41360.5 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 Silver continues to trade below 41360.5 level, that could be an extraordinarily Bearish sign for Silver
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The expected trading range for Silver today is between 40472 support and 41366 resistance.
Pivot (invalidation): 41068
Today Silver Support & Resistance Levels by Spider Signals
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| Silver Pivot / Support / Resistance | Values |
|---|---|
| Silver Pivot | 41068 |
| Silver Support 1 | 40472 |
| Silver Support 2 | 40174 |
| Silver Support 3 | 39578 |
| Silver Resistance 1 | 41366 |
| Silver Resistance 2 | 41962 |
| Silver Resistance 3 | 42260 |
Today till now @ 06-05-2020 09:00:04 Silver trading at 41386 with high of 41600 and low of 40700
Yesterday Silver Closed at 40770 with low of 40770 and High of 41664
This report is published by www.spidersignals.com using AI & Deep learning analysis