Silver 1 Hour Trend Update 05-05-2020 11:00:05 by Spider Signals Call Now 9389717003 / 6399968940
At 05-05-2020 11:00:05 Silver trading at 40770 with high of 40895 and low of 40770
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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 36.8
The Silver CCI (Commodity Channel index) 14 is trading at Range and value is -194.6
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In 1 Hour chart Silver price continues to trade at 40770 and below the (Spider Signals AI Trend ) with value of 41508.8 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 41508.8 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 @ 05-05-2020 11:00:05 Silver trading at 40770 with high of 41664 and low of 40770
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
