Silver 1 Hour Trend Update 05-08-2020 18:00:05 by Spider Signals Call Now 9389717003 / 6399968940

At 05-08-2020 18:00:05 Silver trading at 72423 with high of 72850 and low of 69569

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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 84.1

The Silver CCI (Commodity Channel index) 14 is trading at OverBought and value is 114.3

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In 1 Hour chart Silver price continues to trade at 72423 and above the (Spider Signals AI Trend ) with value of 54526 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 54526 level, that could be an extraordinarily Bullish sign for Silver

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The expected trading range for Silver today is between 66763 support and 71580 resistance.

Pivot (invalidation): 68381

Today Silver Support & Resistance Levels by Spider Signals

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Silver Pivot / Support / Resistance Values
Silver Pivot 68381
Silver Support 1 66763
Silver Support 2 63564
Silver Support 3 61946
Silver Resistance 1 71580
Silver Resistance 2 73198
Silver Resistance 3 76397

Today till now @ 05-08-2020 18:00:05 Silver trading at 72423 with high of 72850 and low of 69569

Yesterday Silver Closed at 69962 with low of 65182 and High of 69999

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

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