Technical Analysis For Silver Today 23-07-2019 12:00:04

In 1 hour chart Silver price continues to trade at 41033 and above the (Exponential Moving Average)EMA200 value of 39291.3 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 39291.3 is proving a tough nut to crack.

Pivot (invalidation): 41238.7

Our preference: Long positions above 41442.3

Alternative scenario: Below 41108.3 look for further downside.

Support Resistance Levels For Silver Today at 23-07-2019 12:00:04

Pivot: 41238.7

Resistance 1: 41442.3

Resistance 2: 41572.7

Resistance 3: 41776.3

Support 1: 41108.3

Support 2: 40904.7

Support 3: 40774.3

Yesterday High Low Close For Silver

Yesterday High: 41369

Yesterday Low: 41035

Yesterday Close: 41312

Today at 23-07-2019 12:00:04 Silver trading at 41033 with high of 41100 and low of 40818

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