Silver Trend Update 1 Hour 06-08-2020 15:00:07 by SpiderSignals.com

Silver 1 Hour Trend Update 06-08-2020 15:00:07 by Spider Signals Call Now 9389717003 / 6399968940

At 06-08-2020 15:00:07 Silver trading at 74844 with high of 74948 and low of 72510

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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 85.9

The Silver CCI (Commodity Channel index) 14 is trading at OverBought and value is 145.7

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In 1 Hour chart Silver price continues to trade at 74844 and above the (Spider Signals AI Trend ) with value of 55210.2 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 55210.2 level, that could be an extraordinarily Bullish sign for Silver

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The expected trading range for Silver today is between 70072.7 support and 73483.7 resistance.

Pivot (invalidation): 71526.3

Today Silver Support & Resistance Levels by Spider Signals

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Silver Pivot / Support / ResistanceValues
Silver Pivot 71526.3
Silver Support 1 70072.7
Silver Support 2 68115.3
Silver Support 3 66661.7
Silver Resistance 1 73483.7
Silver Resistance 2 74937.3
Silver Resistance 3 76894.7

Today till now @ 06-08-2020 15:00:07 Silver trading at 74844 with high of 74948 and low of 72510

Yesterday Silver Closed at 72030 with low of 69569 and High of 72980

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

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