Monday 14 January 2013

Silver trend for today- 15-Jan-2013


Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is showing BUY signal but has moved past its recent high and the positive trend is still continuing and upward momentum is also developing. The oscillator is showing BUY signal For short term The current position is BUY.Positionally Support for the Silver is 58267-57999-57915-.Resistance for the Silver is 60403-60603-60935-

Short term and Intraday Level of SILVER

Currently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 58078 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 59327.8 with a stop at 58392.8 Below 58160 go for sell with a stop at 59094.2
Intraday Resistance of SILVER are 59108.6/59412/59154.4/59276.1
Intraday Support of SILVER are 58377.4/58074/58185.6/58065


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