SILVER TREND FOR TODAY- 04-July-2013

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 BUY signal For short term Silver is in SELL position.Positionally Support for the Silver is 40145-.Resistance for the Silver is 41328-42344-43242-44239-46677-

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 39853 Very Short term investor please cautious on Silver as it is moving with low volatality The Silver is now trading is approaching overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 41784 with a stop at 40552 Below 40196.9 go for sell with a stop at 41427.5
Intraday Resistance of SILVER are 41564 : 42041.3 : 41293.2 : 41335.5
Intraday Support of SILVER are 40414 : 39936.7 : 40685.9 : 40643.9

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