Technical Analysis For Silver Today 12-07-2019 22:00:04
by wealthmann
July 12, 2019
79
In 1 hour chart Silver price continues to trade at 38285 and above the (Exponential Moving Average)EMA200 value of 37790.4 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 37790.4 is proving a tough nut to crack.
Pivot (invalidation): 38232.7