Silver Trend Today Technical Analysis for 06-11-2019 15:00:04


In 1 hour chart Silver price continues to trade at 45470 and below the (Exponential Moving Average)EMA200 value of 46060.8 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Buy 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 46060.8 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 15:00:04

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 15:00:04 Silver trading at 45470 with high of 45500 and low of 45310

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