Technical Analysis For Silver Today 12-07-2019 20:00:04

In 1 hour chart Silver price continues to trade at 38200 and above the (Exponential Moving Average)EMA200 value of 37780.8 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Buy 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 37780.8 is proving a tough nut to crack.

Pivot (invalidation): 38232.7

Our preference: Long positions above 38375.3

Alternative scenario: Below 37965.3 look for further downside.

Support Resistance Levels For Silver Today at 12-07-2019 20:00:04

Pivot: 38232.7

Resistance 1: 38375.3

Resistance 2: 38642.7

Resistance 3: 38785.3

Support 1: 37965.3

Support 2: 37822.7

Support 3: 37555.3

Yesterday High Low Close For Silver

Yesterday High: 38500

Yesterday Low: 38090

Yesterday Close: 38108

Today at 12-07-2019 20:00:04 Silver trading at 38200 with high of 38300 and low of 38065

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