Silver trend for today- 06-Dec-2012
Silver is in long- medium- short-medium- term bull phase .Currently Silver is showing some down move and trend is strong momentum is also showing strength but volume is unsatisfactory The open interest is not increasing with trend . Caution note selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Support for the Silver is 61420-61361-60548-60169-.Resistance for the Silver is 62650-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position Silver is moving sideways so short term investor better to buy only above 63034.0 or hold with stop at 60433.0 The Silver is now trading is approaching oversold level. The Silver is now trading is approaching oversold level. The oscillator is showing BUY signalIntraday Trend- Buy is advised above 63777.7 with a stop at 61537.5 Below 60875.6 go for sell
Intraday Resistance of SILVER are 62933.9/63440.1/62928.4/63053.9
Intraday Support of SILVER are 61714.1/61207.9/61929/61804.6.
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