Silver Trend Today Technical Analysis for 06-11-2019 11:00:03


In 1 hour chart Silver price continues to trade at 45482 and below the (Exponential Moving Average)EMA200 value of 46087.3 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 46087.3 is proving a tough nut to crack.

Pivot (invalidation): 45796.3

Our preference: Long positions above 46201.7

Alternative scenario: Below 45032.7 look for further downside.

Support Resistance Levels For Silver Today at 06-11-2019 11:00:03

Pivot: 45796.3

Resistance 1: 46201.7

Resistance 2: 46965.3

Resistance 3: 47370.7

Support 1: 45032.7

Support 2: 44627.3

Support 3: 43863.7

Yesterday High Low Close For Silver

Yesterday High: 46560

Yesterday Low: 45391

Yesterday Close: 45438

Today at 06-11-2019 11:00:03 Silver trading at 45482 with high of 45498 and low of 45415

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.