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 above50416 or buy with strict stop at 45767. The oscillator is showing BUY signal For short term Silver is in HOLD SHORT position.Positionally Support for the Silver is 47864-46076-.Resistance for the Silver is 48402-48572-49098-51273-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position Silver has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 49471.4 with stop at 45951.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 49471.4 with a stop at 47511 Below 46923.3 go for sell and put stop at 48881.4
Intraday Resistance of SILVER are 48781.4 : 49268.1 : 48524.9 : 48570.7
Intraday Support of SILVER are 47608.6 : 47121.9 : 47866.3 : 47820.8
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