Silver 1 Hour Trend Update 04-05-2020 12:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 04-05-2020 12:00:05 Silver trading at 41305 with high of 41305 and low of 41242

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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 45.8

The Silver CCI (Commodity Channel index) 14 is trading at Range and value is 45.9

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In 1 Hour chart Silver price continues to trade at 41305 and below the (Spider Signals AI Trend ) with value of 41642.1 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 41642.1 level, that could be an extraordinarily Bearish sign for Silver

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The expected trading range for Silver today is between 40912 support and 41492 resistance.

Pivot (invalidation): 41197

Today Silver Support & Resistance Levels by Spider Signals

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Silver Pivot / Support / Resistance Values
Silver Pivot 41197
Silver Support 1 40912
Silver Support 2 40617
Silver Support 3 40332
Silver Resistance 1 41492
Silver Resistance 2 41777
Silver Resistance 3 42072

Today till now @ 04-05-2020 12:00:05 Silver trading at 41305 with high of 41500 and low of 41185

Yesterday Silver Closed at 41207 with low of 40902 and High of 41482

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

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