SILVER TREND FOR TODAY- 23-July-2013

Silver is bearish for medium-long term .Currently Silver is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Silver is in HOLD SHORT position and closed above 1 month high with volume signals up breakout.Positionally Support for the Silver is 41827-40837-40577-40360-.Resistance for the Silver is 42949-44461-

Short term and Intraday Level of SILVER

Silver closed above 1 week high with volume signals up breakoutCurrently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 40301 The oscillator is showing BUY signal 
Intraday Trend- is in intraday buy level better buy above 42917.3 or in low buy above 41553.1 Target is 43516.1 next 44510.2 Below 40956.6 trend reversal can occur so keep long stop at 40956.6
Intraday Resistance of SILVER are 42803.1 : 43372.3 : 44317 : 42542.8 : 42585.7
Intraday Support of SILVER are 41664.9 : 41095.7 : 40151 : 41926.3 : 41883.7

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