Silver trend for today- 12-Dec-2012
Silver is in long- medium- short-medium- term bull phase .Currently Silver is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less Buy the Silver above 64399 or buy with strict stop at 60191. The oscillator is showing BUY signal For short term Silver is in SELL position.Positionally Support for the Silver is 61856-61760-61261-60639-60623-.Resistance for the Silver is 62702-
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 62425 The Silver is now trading is approaching overbought level. The Silver is now trading is approaching overbought level. The oscillator is on SELL signal and Silver is coming down from overbought levelIntraday Trend- Buy is advised above 63137.8 with a stop at 61856.2 Below 61513 go for sell with stop at 62793.2
Intraday Resistance of SILVER are 62734.2/63074.7/62926/63051.5
Intraday Support of SILVER are 61913.8/61573.3/61926.6/61802.3
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