Silver Trend Update 1 Hour 08-05-2020 16:00:06 by SpiderSignals.com

Silver 1 Hour Trend Update 08-05-2020 16:00:06 by Spider Signals Call Now 9389717003 / 6399968940

At 08-05-2020 16:00:06 Silver trading at 43480 with high of 43618 and low of 43460

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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 77.9

The Silver CCI (Commodity Channel index) 14 is trading at OverBought and value is 79.1

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In 1 Hour chart Silver price continues to trade at 43480 and above the (Spider Signals AI Trend ) with value of 42294.5 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 42294.5 level, that could be an extraordinarily Bullish sign for Silver

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The expected trading range for Silver today is between 42156 support and 43618 resistance.

Pivot (invalidation): 42672

Today Silver Support & Resistance Levels by Spider Signals

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Silver Pivot / Support / Resistance Values
Silver Pivot 42672
Silver Support 1 42156
Silver Support 2 41210
Silver Support 3 40694
Silver Resistance 1 43618
Silver Resistance 2 44134
Silver Resistance 3 45080

Today till now @ 08-05-2020 16:00:06 Silver trading at 43480 with high of 43655 and low of 43101

Yesterday Silver Closed at 43102 with low of 41726 and High of 43188

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

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