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 .. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 38382.Resistance for the Silver is 41051-41991-42775-43514-44670-47104-
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 40393.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 41523 with a stop at 39512.8 Below 38897.9 go for sell
Intraday Resistance of SILVER are 40464.7 : 40677.7 : 40509.3 : 40551.2
Intraday Support of SILVER are 39951.3 : 39738.3 : 39907.8 : 39866.2
Intraday Trend- Buy is advised above 41523 with a stop at 39512.8 Below 38897.9 go for sell
Intraday Resistance of SILVER are 40464.7 : 40677.7 : 40509.3 : 40551.2
Intraday Support of SILVER are 39951.3 : 39738.3 : 39907.8 : 39866.2
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