Silver Trend Update 1 Hour 06-05-2020 17:00:05 by SpiderSignals.com

Silver 1 Hour Trend Update 06-05-2020 17:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 06-05-2020 17:00:05 Silver trading at 42177 with high of 42262 and low of 42177

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In 1 Hour Silver Chart as per Spider Signals AI Trend we can see the trend is Bullish

The Silver RSI (Relative strength index) 14 is trading at Range and value is 65.0

The Silver CCI (Commodity Channel index) 14 is trading at Range and value is 55.6

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In 1 Hour chart Silver price continues to trade at 42177 and above the (Spider Signals AI Trend ) with value of 41596.5 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bullish

However, if Silver continues to trade above 41596.5 level, that could be an extraordinarily Bullish sign for Silver

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The expected trading range for Silver today is between 40857.3 support and 41757.3 resistance.

Pivot (invalidation): 41228.7

Today Silver Support & Resistance Levels by Spider Signals

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Silver Pivot / Support / ResistanceValues
Silver Pivot 41228.7
Silver Support 1 40857.3
Silver Support 2 40328.7
Silver Support 3 39957.3
Silver Resistance 1 41757.3
Silver Resistance 2 42128.7
Silver Resistance 3 42657.3

Today till now @ 06-05-2020 17:00:05 Silver trading at 42177 with high of 42375 and low of 42036

Yesterday Silver Closed at 41386 with low of 40700 and High of 41600

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

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