Silver 1 Hour Trend Update 08-06-2020 12:00:06 by Spider Signals Call Now 9389717003 / 6399968940
At 08-06-2020 12:00:06 Silver trading at 48231 with high of 48250 and low of 47965
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In 1 Hour Silver Chart as per Spider Signals AI Trend we can see the trend is Bearish
The Silver RSI (Relative strength index) 14 is trading at Range and value is 53.0
The Silver CCI (Commodity Channel index) 14 is trading at Range and value is 49.7
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In 1 Hour chart Silver price continues to trade at 48231 and below the (Spider Signals AI Trend ) with value of 48407.5 and keeps its stability below until now, while 1 Hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our view Bearish
However, if Silver continues to trade below 48407.5 level, that could be an extraordinarily Bearish sign for Silver
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The expected trading range for Silver today is between 46734 support and 48285 resistance.
Pivot (invalidation): 47682
Today Silver Support & Resistance Levels by Spider Signals
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| Silver Pivot / Support / Resistance | Values |
|---|---|
| Silver Pivot | 47682 |
| Silver Support 1 | 46734 |
| Silver Support 2 | 46131 |
| Silver Support 3 | 45183 |
| Silver Resistance 1 | 48285 |
| Silver Resistance 2 | 49233 |
| Silver Resistance 3 | 49836 |
Today till now @ 08-06-2020 12:00:06 Silver trading at 48231 with high of 48250 and low of 47652
Yesterday Silver Closed at 47337 with low of 47079 and High of 48630
This report is published by www.spidersignals.com using AI & Deep learning analysis