Technical Analysis For Silver Today 11-07-2019 22:00:04
by wealthmann
July 11, 2019
106
In 1 hour chart Silver price continues to trade at 38196 and above the (Exponential Moving Average)EMA200 value of 37725.8 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our Buy overview conditioned by the price stability above
However, if Silver continues to trade above level, that could be an extraordinarily Bullish sign for Silver
Even so, the 200-candle Exponential moving average (EMA) price range of 37725.8 is proving a tough nut to crack.
Pivot (invalidation): 38270.3