Silver trend for today- 08-Jan-2013
Silver is bearish for medium-long term .Currently Silver is moving sideways The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Silver if it close above60154 or buy with strict stop at 56578. The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 57717-.Resistance for the Silver is 58255-59687-60599-60917-61282-
Intraday Trend- Buy is advised above 59060.3 with a stop at 57388.3 Below 56909.6 go for sell
Intraday Resistance of SILVER are 58342.8/58641.4/58541.2/58662.3
Intraday Support of SILVER are 57623.2/57324.6/57577.4/57457.5.
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position Silver is in down trend so buy above 58390.0 The sell will again come if below 56805.0 The oscillator is showing SELL signalIntraday Trend- Buy is advised above 59060.3 with a stop at 57388.3 Below 56909.6 go for sell
Intraday Resistance of SILVER are 58342.8/58641.4/58541.2/58662.3
Intraday Support of SILVER are 57623.2/57324.6/57577.4/57457.5.
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