Silver 1 Hour Trend Update 07-05-2020 16:00:03 by Spider Signals Call Now 9389717003 / 6399968940
At 07-05-2020 16:00:03 Silver trading at 41945 with high of 42023 and low of 41944
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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 55.3
The Silver CCI (Commodity Channel index) 14 is trading at Range and value is 42.5
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In 1 Hour chart Silver price continues to trade at 41945 and above the (Spider Signals AI Trend ) with value of 41732.6 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 41732.6 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 / Resistance | Values |
|---|---|
| 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 16:00:03 Silver trading at 41945 with high of 42070 and low of 41726
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