Silver Trend Today Technical Analysis for 29-11-2019 17:00:04


In 1 hour chart Silver price continues to trade at 44233 and below the (Exponential Moving Average)EMA200 value of 44531.2 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 44531.2 is proving a tough nut to crack.

Pivot (invalidation): 44134.3

Our preference: Long positions above 44263.7

Alternative scenario: Below 43991.7 look for further downside.

Support Resistance Levels For Silver Today at 29-11-2019 17:00:04

Pivot: 44134.3

Resistance 1: 44263.7

Resistance 2: 44406.3

Resistance 3: 44535.7

Support 1: 43991.7

Support 2: 43862.3

Support 3: 43719.7

Yesterday High Low Close For Silver

Yesterday High: 44277

Yesterday Low: 44005

Yesterday Close: 44121

Today at 29-11-2019 17:00:04 Silver trading at 44233 with high of 44293 and low of 44185

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