Silver Trend Today Technical Analysis for 12-11-2019 19:00:05


In 1 hour chart Silver price continues to trade at 43993 and below the (Exponential Moving Average)EMA200 value of 45471.9 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 45471.9 is proving a tough nut to crack.

Pivot (invalidation): 44024.7

Our preference: Long positions above 44170.3

Alternative scenario: Below 43854.3 look for further downside.

Support Resistance Levels For Silver Today at 12-11-2019 19:00:05

Pivot: 44024.7

Resistance 1: 44170.3

Resistance 2: 44340.7

Resistance 3: 44486.3

Support 1: 43854.3

Support 2: 43708.7

Support 3: 43538.3

Yesterday High Low Close For Silver

Yesterday High: 44195

Yesterday Low: 43879

Yesterday Close: 44000

Today at 12-11-2019 19:00:05 Silver trading at 43993 with high of 44079 and low of 43828

Leave a Reply

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