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 . 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 45411-46296-47442-48259-48424-49939-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position Silver is in down trend so buy above 44885.0 The sell will again come if below 43925.0 The Silver is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 44692.6 with a stop at 43878.9 Below 43667.1 go for sell
Intraday Resistance of SILVER are 44603.4 : 44955.6 : 44494.8 : 44538.7
Intraday Support of SILVER are 43754.6 : 43402.4 : 43864.3 : 43820.7
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