Silver trend for today- 07-Dec-2012
Silver is in perfect uptrend .Currently Silver is in strong downtrend with good momentum 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 SELL signal For short term Silver is in SELL position.Positionally Support for the Silver is 62130-62068-61547-61342-60563-60258-. Immediate resistance for Silver is 64399
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position Silver is in sideways and sellers was at high so for short term better buy above 63255.3 or hold with stop at 60433.0 The next resistance will be at 63034.0 The oscillator is showing BUY signalIntraday Trend- Buy is advised only above 63255.3 with a stop at 61971.3 Below 61627.5 go for sell and put stop at 62910.1
Intraday Resistance of SILVER are 62784.5/63129/63700.9/62795.5/62920.9
Intraday Support of SILVER are 62095.5/61751/61179.1/61797.2/61672.9
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