Silver trend for today- 07-Jan-2013
Silver is bearish for medium-long term .Currently Silver is moving sideways The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Silver if it close above60943 or buy with strict stop at 56578. The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 57740-.Resistance for the Silver is 58289-59868-60656-60955-61342-
Short term and Intraday Level of SILVER
Currently Silver is in HOLD SHORT position Silver is in sideways so for short term better buy above 59580.0 with stop at 56805.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 59063.3 with a stop at 57391.3 Below 56912.5 go for sell and put stop at 58582.7
Intraday Resistance of SILVER are 58271/58507.6/58451.5/58572.5
Intraday Support of SILVER are 57701/57464.4/57488.5/57368.6
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