Silver is in long- term bull phase .Currently Silver is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Support for the Silver is 47532-.Resistance for the Silver is 48554-48786-49026-49645-50099-
Short term and Intraday Level of SILVER
Currently Silver is in SELL position The Silver is in downtrend For short term buy only if close above 48659.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 48300.8 with a stop at 47427.7 Below 47201 go for sell
Intraday Resistance of SILVER are 48204.4 : 48581.6 : 48078.3 : 48124
Intraday Support of SILVER are 47295.6 : 46918.4 : 47422.8 : 47377.5
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