Technical Analysis For Silver Today 30-08-2019 16:00:04

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In 1 hour chart Silver price continues to trade at 46657 and above the (Exponential Moving Average)EMA200 value of 44661.5 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 44661.5 is proving a tough nut to crack.

Pivot (invalidation): 46540.3

Our preference: Long positions above 47158.7

Alternative scenario: Below 45641.7 look for further downside.

Support Resistance Levels For Silver Today at 30-08-2019 16:00:04

Pivot: 46540.3

Resistance 1: 47158.7

Resistance 2: 48057.3

Resistance 3: 48675.7

Support 1: 45641.7

Support 2: 45023.3

Support 3: 44124.7

Yesterday High Low Close For Silver

Yesterday High: 47439

Yesterday Low: 45922

Yesterday Close: 46260

Today at 30-08-2019 16:00:04 Silver trading at 46657 with high of 46870 and low of 46263

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