Silver Trend Today Technical Analysis for 02-12-2019 13:00:04

wp-header-logo-40.png

In 1 hour chart Silver price continues to trade at 44336 and below the (Exponential Moving Average)EMA200 value of 44513.2 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 44513.2 is proving a tough nut to crack.

Pivot (invalidation): 44391.7

Our preference: Long positions above 44628.3

Alternative scenario: Below 44161.3 look for further downside.

Support Resistance Levels For Silver Today at 02-12-2019 13:00:04

Pivot: 44391.7

Resistance 1: 44628.3

Resistance 2: 44858.7

Resistance 3: 45095.3

Support 1: 44161.3

Support 2: 43924.7

Support 3: 43694.3

Yesterday High Low Close For Silver

Yesterday High: 44622

Yesterday Low: 44155

Yesterday Close: 44398

Today at 02-12-2019 13:00:04 Silver trading at 44336 with high of 44416 and low of 44170

Leave a Reply

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