Silver is bearish for medium-long term .Currently Silver is showing some
up move after small correction and trend is strong but volume is unsatisfactory
The open interest is not increasing with trend .. The oscillator is showing BUY
signal For short term Silver is in HOLD LONGposition
and closed above 3 week high with volume signals up breakout.Positionally
Support for the Silver is 41098-40259-40099-.Resistance for the Silver is
42594-43255-45676-
Short
term and Intraday Level of SILVER
Silver
closed above 1 week high with volume signals up breakoutCurrently Silver is in HOLD LONG position
Silver is in sideways so for short term better buy above 42284.5 or hold with
stop at 39930.0 The next resistance will be at 41948.0 The oscillator is
showing BUY signal
Intraday Trend- Buy above 42284.5 and keep stop below 41111.5 Target is 42788.6 next 43625.3 Below 40609.5 trend reversal can occur and next level is 39776
Intraday Resistance of SILVER are 42162.9 : 42628.8 : 43402.1 : 42003.9 : 42046.5
Intraday Support of SILVER are 41231.1 : 40765.2 : 39991.9 : 41391.3 : 41349
Intraday Trend- Buy above 42284.5 and keep stop below 41111.5 Target is 42788.6 next 43625.3 Below 40609.5 trend reversal can occur and next level is 39776
Intraday Resistance of SILVER are 42162.9 : 42628.8 : 43402.1 : 42003.9 : 42046.5
Intraday Support of SILVER are 41231.1 : 40765.2 : 39991.9 : 41391.3 : 41349
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