In 1 hour chart Silver price continues to trade at 38170 and above the (Exponential Moving Average)EMA200 value of 37742.1 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 37742.1 is proving a tough nut to crack.
Pivot (invalidation): 38232.7