Silver trend for today- 03-Dec-2012
Silver is in long- medium- term bull phase .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is on SELL signal and Silver is coming down from overbought level For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 60552-59923-.Resistance for the Silver is 61563-61900-62439-62943-
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 62511.0 The oscillator is showing SELL signalIntraday Trend- Buy is advised only above 62514.2 with a stop at 60635.3 Below 60092.1 go for sell and put stop at 61968.9
Intraday Resistance of SILVER are 61415.4/61510.4/61783.5/61907.8
Intraday Support of SILVER are 61186.6/61091.6/60793.2/60670
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