Silver 1 Hour Trend Update 21-05-2020 20:00:06 by Spider Signals Call Now 9389717003 / 6399968940

At 21-05-2020 20:00:06 Silver trading at 47771 with high of 48548 and low of 47656

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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 38.6

The Silver CCI (Commodity Channel index) 14 is trading at Range and value is -92.4

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In 1 Hour chart Silver price continues to trade at 47771 and below the (Spider Signals AI Trend ) with value of 48007.5 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 48007.5 level, that could be an extraordinarily Bearish sign for Silver

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The expected trading range for Silver today is between 48497 support and 49585 resistance.

Pivot (invalidation): 48998

Today Silver Support & Resistance Levels by Spider Signals

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Silver Pivot / Support / Resistance Values
Silver Pivot 48998
Silver Support 1 48497
Silver Support 2 47910
Silver Support 3 47409
Silver Resistance 1 49585
Silver Resistance 2 50086
Silver Resistance 3 50673

Today till now @ 21-05-2020 20:00:06 Silver trading at 47771 with high of 48723 and low of 47656

Yesterday Silver Closed at 49084 with low of 48411 and High of 49499

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

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