Silver Trend Today Technical Analysis for 12-02-2020 11:00:03

wp-header-logo-1275.png

In 1 hour chart Silver price continues to trade at 45620 and below the (Exponential Moving Average)EMA200 value of 46161.9 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 46161.9 is proving a tough nut to crack.

Pivot (invalidation): 45844.7

Our preference: Long positions above 46079.3

Alternative scenario: Below 45519.3 look for further downside.

Support Resistance Levels For Silver Today at 12-02-2020 11:00:03

Pivot: 45844.7

Resistance 1: 46079.3

Resistance 2: 46404.7

Resistance 3: 46639.3

Support 1: 45519.3

Support 2: 45284.7

Support 3: 44959.3

Yesterday High Low Close For Silver

Yesterday High: 46170

Yesterday Low: 45610

Yesterday Close: 45754

Today at 12-02-2020 11:00:03 Silver trading at 45620 with high of 45695 and low of 45615

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.