Silver is bearish for medium-long term .Currently Silver is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Silver is in HOLD LONGposition.Positionally Support for the Silver is 45164-44141-44017-.Resistance for the Silver is 47238-48639-48701-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position Silver has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 46150.1 with stop at 43584.0 The Silver is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 46150.1 with a stop at 45474.9 Below 45311.2 go for sell and put stop at 45985.8
Intraday Resistance of SILVER are 46058 : 46330.3 : 46051.3 : 46096
Intraday Support of SILVER are 45402 : 45129.7 : 45409.8 : 45365.5
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