Silver is in
long- medium- term bull phase .Currently Silver is in strong downtrend and the
trend is supported with good volume The open interest is not increasing with
trend .. The oscillator is showing SELL signal For short term Silver is in SELL position and closed above 1 week high with volume signals up
breakout.Positionally Support for the Silver is
50789-48392-45714-45109-.Resistance for the Silver is 52534-53310-
Short term and Intraday Level of
SILVER
Silver
closed above 1 week high with volume signals up breakoutCurrently Silver is in HOLD LONG position Silver is in sideways so
for short term better buy above 52593.1 or hold with stop at 48488.0 The next
resistance will be at 52165.0 The oscillator is showing BUY signal
Intraday Trend- Buy above 52593.1 and keep stop below 50909.9 Target is 53332.6 next 54560.3 Below 50173.3 trend reversal can occur and next level is 48950.5
Intraday Resistance of SILVER are 52375.2 : 53000.5 : 54038.3 : 52091.8 : 52139.3
Intraday Support of SILVER are 51124.8 : 50499.5 : 49461.7 : 51409.3 : 51362.2
Intraday Trend- Buy above 52593.1 and keep stop below 50909.9 Target is 53332.6 next 54560.3 Below 50173.3 trend reversal can occur and next level is 48950.5
Intraday Resistance of SILVER are 52375.2 : 53000.5 : 54038.3 : 52091.8 : 52139.3
Intraday Support of SILVER are 51124.8 : 50499.5 : 49461.7 : 51409.3 : 51362.2
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