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 highly oversold level. The Silver is now trading in highly oversold level. The oscillator is showing BUY signal For short term Silver is in HOLD SHORT position.Positionally Support for the Silver is 43848-.Resistance for the Silver is 44704-46105-47559-48563-49161-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position Silver is moving sideways so short term investor better to buy only above 44739.0 or hold with stop at 42418.0 The Silver is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 45054.2 with a stop at 44120.9 Below 43869.8 go for sell
Intraday Resistance of SILVER are 44953 : 45361.4 : 44777.8 : 44821.9
Intraday Support of SILVER are 43969 : 43560.6 : 44145.3 : 44101.6
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