Technical Analysis For Silver Today 18-07-2019 23:00:04

In 1 hour chart Silver price continues to trade at 40708 and above the (Exponential Moving Average)EMA200 value of 38561.7 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 38561.7 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 23:00:04

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 23:00:04 Silver trading at 40708 with high of 40790 and low of 40237

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