Silver Trend Update 1 Hour 13-05-2020 13:00:05 by SpiderSignals.com

Silver 1 Hour Trend Update 13-05-2020 13:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 13-05-2020 13:00:05 Silver trading at 42960 with high of 43097 and low of 42939

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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 42.2

The Silver CCI (Commodity Channel index) 14 is trading at Range and value is -81.2

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In 1 Hour chart Silver price continues to trade at 42960 and below the (Spider Signals AI Trend ) with value of 43021.9 and keeps its stability below until now, while 1 Hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our view Bearish

However, if Silver continues to trade below 43021.9 level, that could be an extraordinarily Bearish sign for Silver

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The expected trading range for Silver today is between 42805.7 support and 43327.7 resistance.

Pivot (invalidation): 43129.3

Today Silver Support & Resistance Levels by Spider Signals

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Silver Pivot / Support / Resistance Values
Silver Pivot 43129.3
Silver Support 1 42805.7
Silver Support 2 42607.3
Silver Support 3 42283.7
Silver Resistance 1 43327.7
Silver Resistance 2 43651.3
Silver Resistance 3 43849.7

Today till now @ 13-05-2020 13:00:05 Silver trading at 42960 with high of 43137 and low of 42810

Yesterday Silver Closed at 43004 with low of 42931 and High of 43453

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

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