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 . Noting point is selling at lower levels seems decreasing. The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing BUY signal For short term Silver is in HOLD SHORT position.Positionally Immediate support for Silver is 43749.Resistance for the Silver is 44879-45749-47006-48005-48468-49748-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position Silver is moving sideways so short term investor better to buy if close above 45124.0 closing below 43925.0 Sell will happen. The Silver is now trading is approaching oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 44727.9 with a stop at 44003.5 Below 43821.5 go for sell and put stop at 44545.2
Intraday Resistance of SILVER are 44638.7 : 44941.3 : 44590.2 : 44634.1
Intraday Support of SILVER are 43909.3 : 43606.7 : 43958.9 : 43915.3
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