Silver is
bearish for medium-long term .Currently Silver is in strong downtrend with good
momentum and the trend is supported with good volume The open interest is not
increasing with trend .. The oscillator is showing SELL signal For short term
Silver is in SELL position.Positionally Support for the
Silver is 58790-58730-58470-.Resistance for the Silver is 59756-60309-60405-
Short term and Intraday Level of SILVER
Currently
Silver is in SELL position Silver is showing some Up
momentum So buy above 58541.0 with stop at 57677.0 The Silver is now trading in
highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 59614.8 with a stop at 58725.9 Below 58509 go for sell and put stop at 59396.9
Intraday Resistance of SILVER are 59460/59859/60521.4/59122.6/59244.3
Intraday Support of SILVER are 58662/58263/57600.6/58154/58033.5
Intraday Trend- Buy is advised only above 59614.8 with a stop at 58725.9 Below 58509 go for sell and put stop at 59396.9
Intraday Resistance of SILVER are 59460/59859/60521.4/59122.6/59244.3
Intraday Support of SILVER are 58662/58263/57600.6/58154/58033.5
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