Silver Trend Today Technical Analysis for 05-11-2019 17:00:04


In 1 hour chart Silver price continues to trade at 46468 and above the (Exponential Moving Average)EMA200 value of 46121.4 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 46121.4 is proving a tough nut to crack.

Pivot (invalidation): 46646.3

Our preference: Long positions above 46897.7

Alternative scenario: Below 46392.7 look for further downside.

Support Resistance Levels For Silver Today at 05-11-2019 17:00:04

Pivot: 46646.3

Resistance 1: 46897.7

Resistance 2: 47151.3

Resistance 3: 47402.7

Support 1: 46392.7

Support 2: 46141.3

Support 3: 45887.7

Yesterday High Low Close For Silver

Yesterday High: 46900

Yesterday Low: 46395

Yesterday Close: 46644

Today at 05-11-2019 17:00:04 Silver trading at 46468 with high of 46560 and low of 46370

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