Silver Trend Update 1 Hour 06-07-2020 18:00:05 by SpiderSignals.com

Silver 1 Hour Trend Update 06-07-2020 18:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 06-07-2020 18:00:05 Silver trading at 49782 with high of 49834 and low of 49522

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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 OverBought and value is 72.3

The Silver CCI (Commodity Channel index) 14 is trading at OverBought and value is 115.1

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In 1 Hour chart Silver price continues to trade at 49782 and above the (Spider Signals AI Trend ) with value of 48856.8 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 48856.8 level, that could be an extraordinarily Bullish sign for Silver

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The expected trading range for Silver today is between 48365.3 support and 48554.3 resistance.

Pivot (invalidation): 48429.7

Today Silver Support & Resistance Levels by Spider Signals

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Silver Pivot / Support / ResistanceValues
Silver Pivot 48429.7
Silver Support 1 48365.3
Silver Support 2 48240.7
Silver Support 3 48176.3
Silver Resistance 1 48554.3
Silver Resistance 2 48618.7
Silver Resistance 3 48743.3

Today till now @ 06-07-2020 18:00:05 Silver trading at 49782 with high of 49834 and low of 48865

Yesterday Silver Closed at 48490 with low of 48305 and High of 48494

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

For more information about Silver tips feel to call us @ 9389717003 / 6399968940