Silver is bearish for medium-long term .Currently Silver is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Silver Noting point is selling at lower levels seems decreasing. The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 43749.Resistance for the Silver is 45992-46844-47893-48345-48467-50113-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position Silver is in sideways so for short term better buy above 45002.3 with stop at 43925.0 The Silver is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 45002.3 with a stop at 44205.2 Below 43999.4 go for sell and put stop at 44795.6
Intraday Resistance of SILVER are 44912.4 : 45254.8 : 44817 : 44861
Intraday Support of SILVER are 44087.6 : 43745.2 : 44184.1 : 44140.4
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