Silver is
bearish for medium-long term .Currently Silver is in strong downtrend and the
trend is supported with good volume 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 Immediate support for Silver is
42756.Resistance for the Silver is 44436-44639-44646-44714-45795-46607-
Short term and Intraday Level of
SILVER
Currently
Silver is in SELL position Silver
is in sideways so for short term better buy above 44629.3 with stop at 42928.0
The Silver is now trading is approaching oversold level. The oscillator is
showing BUY signal
Intraday Trend- Buy is advised only above 44629.3 with a stop at 43429.9 Below 43089.4 go for sell and put stop at 44287.5
Intraday Resistance of SILVER are 44199.1 : 44540.2 : 45106.5 : 44172.7 : 44216.4
Intraday Support of SILVER are 43516.9 : 43175.8 : 42609.5 : 43544.4 : 43501
Intraday Trend- Buy is advised only above 44629.3 with a stop at 43429.9 Below 43089.4 go for sell and put stop at 44287.5
Intraday Resistance of SILVER are 44199.1 : 44540.2 : 45106.5 : 44172.7 : 44216.4
Intraday Support of SILVER are 43516.9 : 43175.8 : 42609.5 : 43544.4 : 43501
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