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 . Noting point is selling at lower levels seems decreasing. The
oscillator is showing SELL signal For short term Silver is in SELL position.Positionally
Immediate support for Silver is 38382.Resistance for the Silver is
40661-41779-42637-43424-44527-46966-
Short
term and Intraday Level of SILVER
Currently
Silver is in HOLD LONG position Silver is moving sideways so short term
investor better to buy only above 40697.0 or hold with stop at 38536.0 The
oscillator is showing BUY signal
Intraday Trend- Buy is advised above 40567.8 with a stop at 39777.4 Below 39567.9 go for sell
Intraday Resistance of SILVER are 40486.8 : 40835.2 : 40367.8 : 40409.6
Intraday Support of SILVER are 39647.2 : 39298.8 : 39767.3 : 39725.8
Intraday Trend- Buy is advised above 40567.8 with a stop at 39777.4 Below 39567.9 go for sell
Intraday Resistance of SILVER are 40486.8 : 40835.2 : 40367.8 : 40409.6
Intraday Support of SILVER are 39647.2 : 39298.8 : 39767.3 : 39725.8
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