Monday, 22 July 2013

SILVER TREND FOR TODAY- 22-July-2013

Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Silver above 42130 or buy with strict stop at 39750. The oscillator is showing SELL signal For short term Silver is inHOLD SHORT position.Positionally Immediate support for Silver is 39750.Resistance for the Silver is 40658-40785-40958-42189-42958-44582-
Short term and Intraday Level of SILVER
Currently Silver is in SELL position Silver is moving sideways with low volatality so short term investor better to buy if close above 41598.0 close below 39931.0 Sell will happen. The Silver is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend-Intraday better to buy above 41036 and Sell if below39674.4
Intraday Resistance of SILVER are 40418 : 40471.1 : 40655.9 : 40697.8
Intraday Support of SILVER are 40290 : 40236.9 : 40053.2 : 40011.6

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