Silver trend for today- 10-Nov-2012
The Silver is in long- short-medium- short- term bull phase .Currently Silver is in 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 BUY signal For short term Silver is in HOLD LONGposition.Positionally Support for the Silver is 60010-59448-59084-59026-58249-.Resistance for the Silver is 61587-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 59199 The Silver is now trading is approaching overbought level. The Silver is now trading is approaching overbought level. The oscillator is showing BUY signalIntraday Trend- Buy is advised above 61957.7 with a stop at 60139.9 Below 59616.5 go for sell with a stop at 61432.2
Intraday Resistance of SILVER are 61101.1/61417.2/61941.9/61135.8/61259.5
Intraday Support of SILVER are 60468.9/60152.8/59628.1/60150.8/60028.3
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