Silver Trend Today Technical Analysis for 08-11-2019 23:00:05


In 1 hour chart Silver price continues to trade at 43889 and below the (Exponential Moving Average)EMA200 value of 45670.5 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 45670.5 is proving a tough nut to crack.

Pivot (invalidation): 44694.3

Our preference: Long positions above 45281.7

Alternative scenario: Below 43612.7 look for further downside.

Support Resistance Levels For Silver Today at 08-11-2019 23:00:05

Pivot: 44694.3

Resistance 1: 45281.7

Resistance 2: 46363.3

Resistance 3: 46950.7

Support 1: 43612.7

Support 2: 43025.3

Support 3: 41943.7

Yesterday High Low Close For Silver

Yesterday High: 45776

Yesterday Low: 44107

Yesterday Close: 44200

Today at 08-11-2019 23:00:05 Silver trading at 43889 with high of 44448 and low of 43495

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