Technical Analysis For Silver Today 11-07-2019 22:00:04
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
Our preference: Long positions above 38537.7
Alternative scenario: Below 38090.7 look for further downside.
Support Resistance Levels For Silver Today at 11-07-2019 22:00:04
Pivot: 38270.3
Resistance 1: 38537.7
Resistance 2: 38717.3
Resistance 3: 38984.7
Support 1: 38090.7
Support 2: 37823.3
Support 3: 37643.7
Yesterday High Low Close For Silver
Yesterday High: 38450
Yesterday Low: 38003
Yesterday Close: 38358
Today at 11-07-2019 22:00:04 Silver trading at 38196 with high of 38500 and low of 38176
Related