Technical Analysis For Silver Today 15-07-2019 16:00:03

by wealthmann

July 15, 2019

73

In 1 hour chart Silver price continues to trade at 38540 and above the (Exponential Moving Average)EMA200 value of 37844.8 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 37844.8 is proving a tough nut to crack.

Pivot (invalidation): 38297.3

Our preference: Long positions above 38529.7

Alternative scenario: Below 38169.7 look for further downside.

Support Resistance Levels For Silver Today at 15-07-2019 16:00:03

Pivot: 38297.3

Resistance 1: 38529.7

Resistance 2: 38657.3

Resistance 3: 38889.7

Support 1: 38169.7

Support 2: 37937.3

Support 3: 37809.7

Yesterday High Low Close For Silver

Yesterday High: 38425

Yesterday Low: 38065

Yesterday Close: 38402

Today at 15-07-2019 16:00:03 Silver trading at 38540 with high of 38631 and low of 38258