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 .. 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 LONG position.Positionally
Support for the Silver is 44478-43756-.Resistance for the Silver is
47613-51077-52896-54407-
Short
term and Intraday Level of SILVER
Currently
Silver is in HOLD LONG position Silver is in profit booking mode so hold
with stop at 44679 The Silver is now trading is approaching overbought level.
The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 46222.4 with a stop at 44771.2 Below 44349 go for sell and put stop at 45798.5
Intraday Resistance of SILVER are 45660.9/45973.8/45686.5/45793.4
Intraday Support of SILVER are 44907.1/44594.2/44835.5/44729.7
Intraday Trend- Buy is advised only above 46222.4 with a stop at 44771.2 Below 44349 go for sell and put stop at 45798.5
Intraday Resistance of SILVER are 45660.9/45973.8/45686.5/45793.4
Intraday Support of SILVER are 44907.1/44594.2/44835.5/44729.7
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