SILVER TREND FOR TODAY- 03-Aug-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 above42770 or buy with strict stop at 39771. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 41353-41256-41020-40849-.Resistance for the Silver is 42490-43362-

Short term and Intraday Level of SILVER

Currently Silver is in HOLD LONG position Silver has crossed the high but the trend was not so strong so for short term better buy above 43215.6 with stop at 40651.0 The oscillator is showing SELL signal
Intraday Trend- Buy if open above 42666.8 with a stop at 41403.4 Strong Buy above 43215.6 Below 40856.8 go for sell or sell if open below41403.4
Intraday Resistance of SILVER are 42581.7 : 43129.3 : 44038.5 : 42342.1 : 42384.9
Intraday Support of SILVER are 41486.3 : 40938.7 : 40029.5 : 41727 : 41684.6

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