Technical Analysis For Silver Today 17-07-2019 17:00:03

In 1 hour chart Silver price continues to trade at 39368 and above the (Exponential Moving Average)EMA200 value of 38145 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 38145 is proving a tough nut to crack.

Pivot (invalidation): 39118.7

Our preference: Long positions above 39674.3

Alternative scenario: Below 38776.3 look for further downside.

Support Resistance Levels For Silver Today at 17-07-2019 17:00:03

Pivot: 39118.7

Resistance 1: 39674.3

Resistance 2: 40016.7

Resistance 3: 40572.3

Support 1: 38776.3

Support 2: 38220.7

Support 3: 37878.3

Yesterday High Low Close For Silver

Yesterday High: 39461

Yesterday Low: 38563

Yesterday Close: 39332

Today at 17-07-2019 17:00:03 Silver trading at 39368 with high of 39444 and low of 39231

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