Silver is in long- term bull phase .Currently Silver is moving sideways The oscillator is on SELL signal and Silver is coming down from overbought level .In last 1 month volatality is very less Buy the Silver above 50593 or buy with strict stop at 46575. The oscillator is on SELL signal and Silver is coming down from overbought level For short term Silver is in HOLD SHORT position.Positionally Support for the Silver is 47142-.Resistance for the Silver is 48950-49279-49306-49662-50286-
Short term and Intraday Level of SILVER
Currently Silver is in SELL position The Silver is in downtrend For short term buy only if close above 48587.0 The Silver is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 48545.3 with a stop at 47918.2 Below 47773.8 go for sell and put stop at 48400.3
Intraday Resistance of SILVER are 48444 : 48680.6 : 48488.7 : 48534.6
Intraday Support of SILVER are 47874 : 47637.4 : 47830.4 : 47784.9
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