Silver Trend Today Technical Analysis for 05-11-2019 22:00:05


In 1 hour chart Silver price continues to trade at 45510 and below the (Exponential Moving Average)EMA200 value of 46111.4 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 46111.4 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 22:00:05

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 22:00:05 Silver trading at 45510 with high of 46560 and low of 45440

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