Silver is in long- term bull phase .Currently Silver is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Silver is inSELL position.Positionally Support for the Silver is 47458-.Resistance for the Silver is 48783-48836-49161-49784-50015-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position Silver is moving sideways so short term investor better to buy only above 49154.0 with stop at 47732.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 49160.4 with a stop at 47932.3 Below 47588.4 go for sell
Intraday Resistance of SILVER are 48612.4 : 48811.1 : 48703.5 : 48749.4
Intraday Support of SILVER are 48133.6 : 47934.9 : 48043.7 : 47998.1
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