Silver 1 Hour Trend Update 16-06-2020 12:30:04 by Spider Signals Call Now 9389717003 / 6399968940

At 16-06-2020 12:30:04 Silver trading at 47770 with high of 47947 and low of 47585

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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 53.1

The Silver CCI (Commodity Channel index) 14 is trading at Range and value is 48.7

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In 1 Hour chart Silver price continues to trade at 47770 and below the (Spider Signals AI Trend ) with value of 47771.7 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 47771.7 level, that could be an extraordinarily Bearish sign for Silver

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The expected trading range for Silver today is between 46640.7 support and 47754.7 resistance.

Pivot (invalidation): 47095.3

Today Silver Support & Resistance Levels by Spider Signals

Silver Pivot / Support / Resistance Values
Silver Pivot 47095.3
Silver Support 1 46640.7
Silver Support 2 45981.3
Silver Support 3 45526.7
Silver Resistance 1 47754.7
Silver Resistance 2 48209.3
Silver Resistance 3 48868.7

Today till now @ 16-06-2020 12:30:04 Silver trading at 47770 with high of 48185 and low of 47450

Yesterday Silver Closed at 47300 with low of 46436 and High of 47550

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

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