In 1 hour chart Silver price continues to trade at 46005 and below the (Exponential Moving Average)EMA200 value of 47014.5 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our Sell overview conditioned by the price stability below
However, if Silver continues to trade below level, that could be an extraordinarily Bearish sign for Silver
Even so, the 200-candle Exponential moving average (EMA) price range of 47014.5 is proving a tough nut to crack.
Pivot (invalidation): 47367