Silver Trend Update 1 Hour 07-05-2020 12:00:04 by SpiderSignals.com

Silver 1 Hour Trend Update 07-05-2020 12:00:04 by Spider Signals Call Now 9389717003 / 6399968940

At 07-05-2020 12:00:04 Silver trading at 41825 with high of 42018 and low of 41808

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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 51.6

The Silver CCI (Commodity Channel index) 14 is trading at Range and value is -51.5

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In 1 Hour chart Silver price continues to trade at 41825 and above the (Spider Signals AI Trend ) with value of 41698.3 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 41698.3 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 12:00:04 Silver trading at 41825 with high of 42044 and low of 41808

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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