Silver Trend Today Technical Analysis for 02-12-2019 18:00:04


In 1 hour chart Silver price continues to trade at 44200 and below the (Exponential Moving Average)EMA200 value of 44496.6 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 44496.6 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 18:00:04

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 18:00:04 Silver trading at 44200 with high of 44416 and low of 44077

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