Technical Analysis For Silver Today 24-05-2019 14:00:03

In 1 hour chart Silver price continues to trade at 36530 and below the (Exponential Moving Average)EMA200 value of 36831.1 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our Sell overview conditioned by the price stability below

However, if Silver continues to trade below level, that could be an extraordinarily Bearish sign for Silver

Even so, the 200-candle Exponential moving average (EMA) price range of 36831.1 is proving a tough nut to crack.

Pivot (invalidation): 36484.3

Our preference: Long positions above 36912.7

Alternative scenario: Below 36228.7 look for further downside.

Support Resistance Levels For Silver Today at 24-05-2019 14:00:03

Pivot: 36484.3

Resistance 1: 36912.7

Resistance 2: 37168.3

Resistance 3: 37596.7

Support 1: 36228.7

Support 2: 35800.3

Support 3: 35544.7

Yesterday High Low Close For Silver

Yesterday High: 36740

Yesterday Low: 36056

Yesterday Close: 36657

Today at 24-05-2019 14:00:03 Silver trading at 36530 with high of 36657 and low of 36492

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