Silver Trend Today Technical Analysis for 04-12-2019 22:00:04


In 1 hour chart Silver price continues to trade at 44100 and below the (Exponential Moving Average)EMA200 value of 44507.4 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 44507.4 is proving a tough nut to crack.

Pivot (invalidation): 44706.7

Our preference: Long positions above 45263.3

Alternative scenario: Below 44428.3 look for further downside.

Support Resistance Levels For Silver Today at 04-12-2019 22:00:04

Pivot: 44706.7

Resistance 1: 45263.3

Resistance 2: 45541.7

Resistance 3: 46098.3

Support 1: 44428.3

Support 2: 43871.7

Support 3: 43593.3

Yesterday High Low Close For Silver

Yesterday High: 44985

Yesterday Low: 44150

Yesterday Close: 44985

Today at 04-12-2019 22:00:04 Silver trading at 44100 with high of 45100 and low of 44100

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