Silver is in long- medium- term bull phase .Currently Silver is in
strong downtrend with good momentum but volume is unsatisfactory The open
interest is not increasing with trend . In last few days volume based selling
happened in the Silver. The Silver is now trading in overbought level. The
Silver is now trading in overbought level. The oscillator is showing SELL
signal For short term Silver is in SELL position.Positionally
Support for the Silver is 47085-45033-44619-.Resistance for the Silver is
53164-54407-54762-
Short
term and Intraday Level of SILVER
Currently Silver is in SELL position The Silver is in downtrend For short term buy only if close
above 53879.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 53762.1 with a stop at 51727.5 Below 51120.8 go for sell
Intraday Resistance of SILVER are 53031.7 : 53523.7 : 52783.1 : 52830.9
Intraday Support of SILVER are 51846.3 : 51354.3 : 52096.1 : 52048.6
Intraday Trend- Buy is advised above 53762.1 with a stop at 51727.5 Below 51120.8 go for sell
Intraday Resistance of SILVER are 53031.7 : 53523.7 : 52783.1 : 52830.9
Intraday Support of SILVER are 51846.3 : 51354.3 : 52096.1 : 52048.6
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