SILVER TREND FOR TODAY- 07-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 40151. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 41319-41305-41248-41029-.Resistance for the Silver is 42361-43063-

Short term and Intraday Level of SILVER

Currently Silver is in HOLD LONG position Silver is moving sideways with low volatality so short term investor better to buy if close above 42600.0 close below 40661.0 Sell will happen. The oscillator is on SELL signal and Nickel is coming down from overbought level
Intraday Trend-Intraday better to buy above 42388.1 and Sell if below40681
Intraday Resistance of SILVER are 41910.2 : 42223.2 : 41839.3 : 41881.8
Intraday Support of SILVER are 41155.8 : 40842.8 : 41227.9 : 41185.6

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