Silver Trend Update 1 Hour 29-05-2020 20:00:05 by SpiderSignals.com

Silver 1 Hour Trend Update 29-05-2020 20:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 29-05-2020 20:00:05 Silver trading at 49599 with high of 49623 and low of 49385

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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 77.4

The Silver CCI (Commodity Channel index) 14 is trading at OverBought and value is 146.7

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In 1 Hour chart Silver price continues to trade at 49599 and above the (Spider Signals AI Trend ) with value of 48537.8 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 48537.8 level, that could be an extraordinarily Bullish sign for Silver

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The expected trading range for Silver today is between 48173.3 support and 48923.3 resistance.

Pivot (invalidation): 48586.7

Today Silver Support & Resistance Levels by Spider Signals

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Silver Pivot / Support / ResistanceValues
Silver Pivot 48586.7
Silver Support 1 48173.3
Silver Support 2 47836.7
Silver Support 3 47423.3
Silver Resistance 1 48923.3
Silver Resistance 2 49336.7
Silver Resistance 3 49673.3

Today till now @ 29-05-2020 20:00:05 Silver trading at 49599 with high of 49648 and low of 48452

Yesterday Silver Closed at 48510 with low of 48250 and High of 49000

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

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