Sunday, 4 August 2013

SILVER TREND FOR TODAY- 05-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 39890. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Silver is 41302-41268-41141-40925-.Resistance for the Silver is 42452-43269-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position In short term Silver is in strong up trend so hold with stop at 41247 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 43148.8 with a stop at 41339.3 Below 40793.6 go for sell with stop at 42600.9
Intraday Resistance of SILVER are 42053.3 : 42123.3 : 42276.9 : 42319.6
Intraday Support of SILVER are 41884.7 : 41814.7 : 41662.3 : 41619.8

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