Silver 1 Hour Trend Update 04-05-2020 16:00:04 by Spider Signals Call Now 9389717003 / 6399968940
At 04-05-2020 16:00:04 Silver trading at 41500 with high of 41664 and low of 41330
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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 50.9
The Silver CCI (Commodity Channel index) 14 is trading at Range and value is 142.4
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In 1 Hour chart Silver price continues to trade at 41500 and below the (Spider Signals AI Trend ) with value of 41611 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 41611 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 16:00:04 Silver trading at 41500 with high of 41664 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
