Silver is in long- term bull phase .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 above52374 or buy with strict stop at 46679. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 47351-45841-.Resistance for the Silver is 49103-49387-50241-50891-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position Silver is in profit booking mode so better sell and enter at lower level The Silver is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 48939.9 with a stop at 47878.9 Below 47590.4 go for sell
Intraday Resistance of SILVER are 48842.2 : 49322.2 : 48594.1 : 48640
Intraday Support of SILVER are 47685.8 : 47205.8 : 47935 : 47889.5
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