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 . Noting point is selling
at lower levels seems decreasing. 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 SELL position.Positionally Support for the
Silver is 53587-.Resistance for the Silver is 54764-56180-57550-58474-59288-
Short
term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position The Silver is in downtrend For short term
buy only if close above 54062.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 54713.7 with a stop at 53391.2 Below 53023.2 go for sell and put stop at 54344.2
Intraday Resistance of SILVER are 54020.2/54147.3/54260.2/54376.7
Intraday Support of SILVER are 53713.8/53586.7/53332.5/53217.1
Intraday Trend- Buy is advised only above 54713.7 with a stop at 53391.2 Below 53023.2 go for sell and put stop at 54344.2
Intraday Resistance of SILVER are 54020.2/54147.3/54260.2/54376.7
Intraday Support of SILVER are 53713.8/53586.7/53332.5/53217.1
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