Silver trend for today- 04-Dec-2012
Silver is in long- medium- short-medium- term bull phase .Currently Silver is moving sideways The oscillator is on SELL signal and Silver is coming down from overbought level .In last 1 month volatality is very less and fresh Buy can be considered in the Silver if it close above64399 or buy with strict stop at 60269. 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 61405-61240-60553-60008-.Resistance for the Silver is 62499-62920-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position Silver is in down trend so buy above 62212.0 The sell will again come if below 60968.0 The oscillator is showing SELL signalIntraday Trend- Buy is advised above 63037.4 with a stop at 61142.7 Below 60595 go for sell
Intraday Resistance of SILVER are 62251.2/62614/62371.8/62496.8
Intraday Support of SILVER are 61376.8/61014/61376.8/61253
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