Silver is bearish for medium-long term .Currently
Silver is in strong downtrend with good momentum and the trend is supported
with good volume The open interest is not increasing with trend . In last few
days volume based selling happened in the Silver. The oscillator is showing
SELL signal For short term Silver is in SELL position.Positionally
Immediate support for Silver is 42112.Resistance for the Silver is
44517-44608-44686-47885-50090-52148-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position The Silver is in downtrend For
short term buy only if close above 43700.0 The oscillator is showing SELL
signal
Intraday Trend- Buy is advised above 43509.5 with a stop at 42424.6 Below 42120.9 go for sell
Intraday Resistance of SILVER are 43214.8 : 43547.5 : 43192.8 : 43236.1
Intraday Support of SILVER are 42413.2 : 42080.5 : 42571.6 : 42528.7
Intraday Trend- Buy is advised above 43509.5 with a stop at 42424.6 Below 42120.9 go for sell
Intraday Resistance of SILVER are 43214.8 : 43547.5 : 43192.8 : 43236.1
Intraday Support of SILVER are 42413.2 : 42080.5 : 42571.6 : 42528.7
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