Silver Trend Update 1 Hour 07-05-2020 11:00:05 by SpiderSignals.com

Silver 1 Hour Trend Update 07-05-2020 11:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 07-05-2020 11:00:05 Silver trading at 42014 with high of 42044 and low of 41931

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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 58.6

The Silver CCI (Commodity Channel index) 14 is trading at Range and value is -16.3

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In 1 Hour chart Silver price continues to trade at 42014 and above the (Spider Signals AI Trend ) with value of 41693.1 and keeps its stability above until now, while 1 Hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our view Bullish

However, if Silver continues to trade above 41693.1 level, that could be an extraordinarily Bullish sign for Silver

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The expected trading range for Silver today is between 41558.3 support and 42248.3 resistance.

Pivot (invalidation): 41966.7

Today Silver Support & Resistance Levels by Spider Signals

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Silver Pivot / Support / ResistanceValues
Silver Pivot 41966.7
Silver Support 1 41558.3
Silver Support 2 41276.7
Silver Support 3 40868.3
Silver Resistance 1 42248.3
Silver Resistance 2 42656.7
Silver Resistance 3 42938.3

Today till now @ 07-05-2020 11:00:05 Silver trading at 42014 with high of 42044 and low of 41840

Yesterday Silver Closed at 41840 with low of 41685 and High of 42375

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

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