Silver is
bearish for medium-long term .Currently Silver is in strong downtrend and the
trend is supported with good volume 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 in SELL position.Positionally Immediate support for Silver is
42756.Resistance for the Silver is 44344-44554-44620-44703-45711-46543-
Short term and Intraday Level of
SILVER
Currently
Silver is in HOLD SHORT position The Silver is in downtrend
For short term buy only if close above 44032.0 The Silver is now trading in
highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 44323 with a stop at 43131.8 Below 42793.7 go for sell
Intraday Resistance of SILVER are 43835.6 : 44066.8 : 43870.6 : 43914.2
Intraday Support of SILVER are 43278.4 : 43047.2 : 43244.5 : 43201.3
Intraday Trend- Buy is advised above 44323 with a stop at 43131.8 Below 42793.7 go for sell
Intraday Resistance of SILVER are 43835.6 : 44066.8 : 43870.6 : 43914.2
Intraday Support of SILVER are 43278.4 : 43047.2 : 43244.5 : 43201.3
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