Silver 1 Hour Trend Update 08-10-2020 09:00:05 by Spider Signals Call Now 9389717003 / 6399968940
At 08-10-2020 09:00:05 Silver trading at 60327 with high of 60566 and low of 60121
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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 47.4
The Silver CCI (Commodity Channel index) 14 is trading at Range and value is 96.9
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In 1 Hour chart Silver price continues to trade at 60327 and below the (Spider Signals AI Trend ) with value of 60642.2 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 60642.2 level, that could be an extraordinarily Bearish sign for Silver
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The expected trading range for Silver today is between 59635.7 support and 61796.7 resistance.
Pivot (invalidation): 61000.3
Today Silver Support & Resistance Levels by Spider Signals
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| Silver Pivot / Support / Resistance | Values |
|---|---|
| Silver Pivot | 61000.3 |
| Silver Support 1 | 59635.7 |
| Silver Support 2 | 58839.3 |
| Silver Support 3 | 57474.7 |
| Silver Resistance 1 | 61796.7 |
| Silver Resistance 2 | 63161.3 |
| Silver Resistance 3 | 63957.7 |
Today till now @ 08-10-2020 09:00:05 Silver trading at 60327 with high of 60932 and low of 59338
Yesterday Silver Closed at 60432 with low of 60204 and High of 62365
This report is published by www.spidersignals.com using AI & Deep learning analysis