Silver is bearish for medium-long term .Currently Silver is in strong
uptrend but volume is unsatisfactory The open interest is not increasing with
trend . Cautious point is buying at higer levels seems decreasing. The
oscillator is on BUY Signal and Silver is recovering from oversold level For
short term Silver is in HOLD LONG position.Positionally
Support for the Silver is 44204-43875-.Resistance for the Silver is
46486-50308-52155-53853-
Short
term and Intraday Level of SILVER
Currently
Silver is in HOLD
SHORT position
Silver is in down trend so buy above 45158.0 The sell will again come if below
43172.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 45762.7 with a stop at 44239.7 Below 43792.9 go for sell
Intraday Resistance of SILVER are 45223.7 : 45671.3 : 46414.5 : 45268.7 : 45375.1
Intraday Support of SILVER are 44328.3 : 43880.7 : 43137.5 : 44211.1 : 44106
Intraday Trend- Buy is advised above 45762.7 with a stop at 44239.7 Below 43792.9 go for sell
Intraday Resistance of SILVER are 45223.7 : 45671.3 : 46414.5 : 45268.7 : 45375.1
Intraday Support of SILVER are 44328.3 : 43880.7 : 43137.5 : 44211.1 : 44106
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