Silver is bearish for medium-long term .Currently Silver is in strong
downtrend but volume is unsatisfactory The open interest is not increasing with
trend .. The oscillator is showing SELL signal For short term Silver is in SELL position
and closed below 1 month low with volume signals down breakout.Positionally
Immediate support for Silver is 38670.Resistance for the Silver is
42256-42785-43268-43802-45176-47519-
Short
term and Intraday Level of SILVER
Silver
and closed below 1 week low with volume signals down breakoutCurrently Silver
is in HOLD
SHORT position
The Silver is in downtrend For short term buy only if close above 40968.0 The
Silver is now trading in highly oversold level. The oscillator is showing SELL
signal
Intraday Trend- Sell if open below 38978.1 or sell below 38467.3 with stop loss at 40160 Buy if open above 40160 or buy above 40672.8 with stop loss at 38978.1
Intraday Resistance of SILVER are 40046.1 : 40524.2 : 41317.9 : 39866.9 : 39908.5
Intraday Support of SILVER are 39089.9 : 38611.8 : 37818.1 : 39270.2 : 39229
Intraday Trend- Sell if open below 38978.1 or sell below 38467.3 with stop loss at 40160 Buy if open above 40160 or buy above 40672.8 with stop loss at 38978.1
Intraday Resistance of SILVER are 40046.1 : 40524.2 : 41317.9 : 39866.9 : 39908.5
Intraday Support of SILVER are 39089.9 : 38611.8 : 37818.1 : 39270.2 : 39229
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