Silver Trend Update 1 Hour 16-10-2020 13:00:03 by SpiderSignals.com

Silver 1 Hour Trend Update 16-10-2020 13:00:03 by Spider Signals Call Now 9389717003 / 6399968940

At 16-10-2020 13:00:03 Silver trading at 61670 with high of 61800 and low of 61485

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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 Range and value is 57.3

The Silver CCI (Commodity Channel index) 14 is trading at Range and value is 76.7

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In 1 Hour chart Silver price continues to trade at 61670 and above the (Spider Signals AI Trend ) with value of 61394.7 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 61394.7 level, that could be an extraordinarily Bullish sign for Silver

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The expected trading range for Silver today is between 60281.7 support and 62126.7 resistance.

Pivot (invalidation): 60973.3

Today Silver Support & Resistance Levels by Spider Signals

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Silver Pivot / Support / Resistance Values
Silver Pivot 60973.3
Silver Support 1 60281.7
Silver Support 2 59128.3
Silver Support 3 58436.7
Silver Resistance 1 62126.7
Silver Resistance 2 62818.3
Silver Resistance 3 63971.7

Today till now @ 16-10-2020 13:00:03 Silver trading at 61670 with high of 61800 and low of 61361

Yesterday Silver Closed at 61435 with low of 59820 and High of 61665

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

For more information about Silver tips feel to call us @ 9389717003 / 6399968940