Sunday 19 January 2014

SILVER TREND FOR TODAY- 20-Jan-2014

Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Silver if it close above45923 or buy with strict stop at 42265. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 44730-44545-44486-44456-.Resistance for the Silver is 46380-47577-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position Silver is in sideways so for short term better buy above 45600.0 with stop at 44314.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 45724.1 with a stop at 44797.8 Below 44549.9 go for sell and put stop at 45475.2
Intraday Resistance of SILVER are 45632.8 : 46045.2 : 45455.2 : 45499.6
Intraday Support of SILVER are 44639.2 : 44226.8 : 44817.9 : 44773.9

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