Silver 1 Hour Trend Update 16-10-2020 23:00:06 by Spider Signals Call Now 9389717003 / 6399968940
At 16-10-2020 23:00:06 Silver trading at 61720 with high of 61755 and low of 61655
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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 54.5
The Silver CCI (Commodity Channel index) 14 is trading at Range and value is -42.2
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In 1 Hour chart Silver price continues to trade at 61720 and above the (Spider Signals AI Trend ) with value of 61521.8 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 61521.8 level, that could be an extraordinarily Bullish sign for Silver
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The expected trading range for Silver today is between 60281.7 support and 62126.7 resistance.
Pivot (invalidation): 60973.3
Today Silver Support & Resistance Levels by Spider Signals
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| Silver Pivot / Support / Resistance | Values |
|---|---|
| Silver Pivot | 60973.3 |
| Silver Support 1 | 60281.7 |
| Silver Support 2 | 59128.3 |
| Silver Support 3 | 58436.7 |
| Silver Resistance 1 | 62126.7 |
| Silver Resistance 2 | 62818.3 |
| Silver Resistance 3 | 63971.7 |
Today till now @ 16-10-2020 23:00:06 Silver trading at 61720 with high of 62170 and low of 61324
Yesterday Silver Closed at 61435 with low of 59820 and High of 61665
This report is published by www.spidersignals.com using AI & Deep learning analysis