Monday, 8 July 2013

SILVER TREND FOR TODAY- 09-July-2013

Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Silver if it close above41786 or buy with strict stop at 38382. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 40223-40002-.Resistance for the Silver is 41801-42863-43630-46098-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position Silver is showing some Up momentum So buy above 40674.0 with stop at 39910.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 40923.7 with a stop at 40080.7 Below 39854.1 go for sell and put stop at 40696.2
Intraday Resistance of SILVER are 40842 : 41218.8 : 40690 : 40732
Intraday Support of SILVER are 39934 : 39557.2 : 40087.1 : 40045.5

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