Silver
is bearish for medium-long term .Currently Silver is in downtrend but volume is
unsatisfactory The open interest is not increasing with trend . Noting point is
selling at lower levels seems decreasing. The oscillator is on BUY Signal and
Silver is recovering from oversold level For short term Silver is in HOLD LONG position.Positionally Support for the Silver is
53976-53821-.Resistance for the Silver is 55710-57335-58180-59145-
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 54251 Very Short term investor please cautious on
Silver as it is moving with low volatality The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 55916.4 with a stop at 54440.5 Below 54022.9 go for sell with a stop at 55497.2
Intraday Resistance of SILVER are 55243/55518/55974.5/55460/55577.8
Intraday Support of SILVER are 54693/54418/53961.5/54522/54405.3
Intraday Trend- Buy is advised above 55916.4 with a stop at 54440.5 Below 54022.9 go for sell with a stop at 55497.2
Intraday Resistance of SILVER are 55243/55518/55974.5/55460/55577.8
Intraday Support of SILVER are 54693/54418/53961.5/54522/54405.3
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