Silver is in long- term bull phase .Currently Silver is showing some down move and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend . Caution note selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Silver is in HOLD SHORT position.Positionally Support for the Silver is 47298-.Resistance for the Silver is 48959-49033-49331-49845-50064-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position Silver is moving sideways so short term investor better to buy only above 49154.0 or hold with stop at 47732.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 49228.5 with a stop at 47998.7 Below 47654.3 go for sell
Intraday Resistance of SILVER are 49130.2 : 49703.1 : 48770.7 : 48816.6
Intraday Support of SILVER are 47749.8 : 47176.9 : 48110.4 : 48064.8
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