Silver Trend Today Technical Analysis for 11-02-2020 20:00:03


In 1 hour chart Silver price continues to trade at 45910 and below the (Exponential Moving Average)EMA200 value of 46193.2 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 46193.2 is proving a tough nut to crack.

Pivot (invalidation): 46173.3

Our preference: Long positions above 46346.7

Alternative scenario: Below 46027.7 look for further downside.

Support Resistance Levels For Silver Today at 11-02-2020 20:00:03

Pivot: 46173.3

Resistance 1: 46346.7

Resistance 2: 46492.3

Resistance 3: 46665.7

Support 1: 46027.7

Support 2: 45854.3

Support 3: 45708.7

Yesterday High Low Close For Silver

Yesterday High: 46319

Yesterday Low: 46000

Yesterday Close: 46201

Today at 11-02-2020 20:00:03 Silver trading at 45910 with high of 46170 and low of 45855

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