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 .. The Silver is now trading in oversold
level. The Silver is now trading in oversold level. The oscillator is showing
BUY signal For short term Silver is in SELL position.Positionally Immediate
support for Silver is 52865.Resistance for the Silver is
54912-55854-56931-57907-58912-59491-
Short
term and Intraday Level of SILVER
Silver closed above 1 week
high with volume signals up breakoutCurrently Silver is in HOLD LONG position In short term Silver is in strong up
trend so hold with stop at 53447 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 55370.8 with a stop at 54134.4 Below 53795.9 go for sell with a stop at 55031
Intraday Resistance of SILVER are 54955.7/55329.3/55949.6/54707.5/54824.5
Intraday Support of SILVER are 54208.3/53834.7/53214.4/53775.9/53660
Intraday Trend- Buy is advised above 55370.8 with a stop at 54134.4 Below 53795.9 go for sell with a stop at 55031
Intraday Resistance of SILVER are 54955.7/55329.3/55949.6/54707.5/54824.5
Intraday Support of SILVER are 54208.3/53834.7/53214.4/53775.9/53660
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