Technical Analysis For Silver Today 22-07-2019 12:00:03

In 1 hour chart Silver price continues to trade at 41118 and above the (Exponential Moving Average)EMA200 value of 38992.3 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 38992.3 is proving a tough nut to crack.

Pivot (invalidation): 40936

Our preference: Long positions above 41362

Alternative scenario: Below 40246 look for further downside.

Support Resistance Levels For Silver Today at 22-07-2019 12:00:03

Pivot: 40936

Resistance 1: 41362

Resistance 2: 42052

Resistance 3: 42478

Support 1: 40246

Support 2: 39820

Support 3: 39130

Yesterday High Low Close For Silver

Yesterday High: 41626

Yesterday Low: 40510

Yesterday Close: 40672

Today at 22-07-2019 12:00:03 Silver trading at 41118 with high of 41369 and low of 41057

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