Silver prices edge lower

What do you think will the stock rise or fall?

  • Rise

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Silver is currently trading near the strong support level of 38,600. On hourly chart MACD line is below 0 line, which is a negative sign for the prices. If prices gives an hourly close below 38,600, then prices could drift towards 38,200 levels.

On the other hand if prices sustain above 38,700 then it can test 38,950 levels.


Well-Known Member
As of today, Silver looks like a buy between 38577 to 38831 with a chance of reversal between 38721 to 38771. On the sell side, I'm seeing a zone between 38445 to 38190 with a chance of reversal between 38300 to 38250
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