Silver is in long- short-medium- short- term bull phase .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 48604-48520-48504-48462-46437-.Resistance for the Silver is 51152-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 49509 The Silver is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 50337.8 with a stop at 49345.9 Below 49082.3 go for sell with stop at 50073.1
Intraday Resistance of SILVER are 50194.8 : 50598 : 50044 : 50090.5
Intraday Support of SILVER are 49223.2 : 48820 : 49375.1 : 49328.9
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