Silver Trend Today Technical Analysis for 03-12-2019 12:00:03


In 1 hour chart Silver price continues to trade at 44175 and below the (Exponential Moving Average)EMA200 value of 44481.2 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 44481.2 is proving a tough nut to crack.

Pivot (invalidation): 44233.3

Our preference: Long positions above 44389.7

Alternative scenario: Below 44050.7 look for further downside.

Support Resistance Levels For Silver Today at 03-12-2019 12:00:03

Pivot: 44233.3

Resistance 1: 44389.7

Resistance 2: 44572.3

Resistance 3: 44728.7

Support 1: 44050.7

Support 2: 43894.3

Support 3: 43711.7

Yesterday High Low Close For Silver

Yesterday High: 44416

Yesterday Low: 44077

Yesterday Close: 44207

Today at 03-12-2019 12:00:03 Silver trading at 44175 with high of 44255 and low of 44175

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