Wednesday 11 December 2013

SILVER TREND FOR TODAY- 11-Nov-2013

Silver is bearish for medium-long term .Currently Silver is moving sideways The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is on BUY Signal and Silver is recovering from oversold level but has moved past its recent high with good volume points to a positive break out . The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is on BUY Signal and Silver is recovering from oversold level For short term Silver is in HOLD SHORT position and closed above 1 week high with volume signals up breakout.Positionally Support for the Silver is 44092-43863-.Resistance for the Silver is 45644-47296-48657-48739-

Short term and Intraday Level of SILVER

Silver closed above 1 week high with volume signals up breakoutCurrently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 43906 The Silver is now trading is approaching overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 46323.7 with a stop at 44969.3 Below 44579.5 go for sell with a stop at 45932.3
Intraday Resistance of SILVER are 46093.9 : 46628.3 : 45770.3 : 45814.9
Intraday Support of SILVER are 44806.1 : 44271.7 : 45130.8 : 45086.6

 

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