Technical Analysis For Silver Today 29-08-2019 22:00:04


In 1 hour chart Silver price continues to trade at 46505 and above the (Exponential Moving Average)EMA200 value of 44480.1 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 44480.1 is proving a tough nut to crack.

Pivot (invalidation): 46446.7

Our preference: Long positions above 47087.3

Alternative scenario: Below 45968.3 look for further downside.

Support Resistance Levels For Silver Today at 29-08-2019 22:00:04

Pivot: 46446.7

Resistance 1: 47087.3

Resistance 2: 47565.7

Resistance 3: 48206.3

Support 1: 45968.3

Support 2: 45327.7

Support 3: 44849.3

Yesterday High Low Close For Silver

Yesterday High: 46925

Yesterday Low: 45806

Yesterday Close: 46609

Today at 29-08-2019 22:00:04 Silver trading at 46505 with high of 47439 and low of 46405

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