Silver is bearish for medium-long term .Currently Silver is in strong
downtrend 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
Immediate support for Silver is 38471.Resistance for the Silver is
41750-42426-43071-43671-44985-47374-
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 40478.0 The
Silver is now trading in highly oversold level. The oscillator is showing SELL
signal
Intraday Trend- Buy is advised above 39554.5 with a stop at 38379.3 Below 38040.3 go for sell
Intraday Resistance of SILVER are 39135.7 : 39475.5 : 40039.5 : 39092 : 39133.1
Intraday Support of SILVER are 38456.3 : 38116.5 : 37552.5 : 38501.1 : 38460.3
Intraday Trend- Buy is advised above 39554.5 with a stop at 38379.3 Below 38040.3 go for sell
Intraday Resistance of SILVER are 39135.7 : 39475.5 : 40039.5 : 39092 : 39133.1
Intraday Support of SILVER are 38456.3 : 38116.5 : 37552.5 : 38501.1 : 38460.3
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