Technical Analysis For Silver Today 18-07-2019 10:00:04

In 1 hour chart Silver price continues to trade at 40473 and above the (Exponential Moving Average)EMA200 value of 38286.2 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 38286.2 is proving a tough nut to crack.

Pivot (invalidation): 39879.7

Our preference: Long positions above 40528.3

Alternative scenario: Below 39534.3 look for further downside.

Support Resistance Levels For Silver Today at 18-07-2019 10:00:04

Pivot: 39879.7

Resistance 1: 40528.3

Resistance 2: 40873.7

Resistance 3: 41522.3

Support 1: 39534.3

Support 2: 38885.7

Support 3: 38540.3

Yesterday High Low Close For Silver

Yesterday High: 40225

Yesterday Low: 39231

Yesterday Close: 40183

Today at 18-07-2019 10:00:04 Silver trading at 40473 with high of 40514 and low of 40427

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