SILVER TREND FOR TODAY- 03-July-2013

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 38382.Resistance for the Silver is 40517-41518-42455-43326-44380-46818-

Short term and Intraday Level of SILVER

Currently Silver is in HOLD LONG position Silver is moving sideways with low volatality so short term investor better to buy if close above 40697.0 close below 38536.0 sell will happen. The oscillator is showing BUY signal 
Intraday Trend-Intraday better to buy above 40765 and Sell if below39004.2
Intraday Resistance of SILVER are 40320.5 : 40683.7 : 40183.1 : 40224.8
Intraday Support of SILVER are 39445.5 : 39082.3 : 39584 : 39542.6

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