Silver Trend Today Technical Analysis for 03-12-2019 17:00:04
by wealthmann
December 3, 2019
33
In 1 hour chart Silver price continues to trade at 44575 and above the (Exponential Moving Average)EMA200 value of 44477.2 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our Buy overview conditioned by the price stability above
However, if Silver continues to trade above level, that could be an extraordinarily Bullish sign for Silver
Even so, the 200-candle Exponential moving average (EMA) price range of 44477.2 is proving a tough nut to crack.
Pivot (invalidation): 44233.3