Silver trend for today- 08-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 62194-61944-61651-61322-60570-60348-. Immediate resistance for Silver is 64399
Short term and Intraday Level of SILVER
Currently Silver is in HOLD LONG position Silver has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 63308 with stop at 60433.0 The oscillator is showing BUY signalIntraday Trend- Buy is advised only above 63308 with a stop at 62022.9 Below 61678.8 go for sell and put stop at 62962.5
Intraday Resistance of SILVER are 62984/63392.4/62900.6/63026.1
Intraday Support of SILVER are 62000/61591.6/61901.4/61777.1
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