Overall trend of the Silver is bearish for medium-long term .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Silver. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position
SILVER SUPPORT AND RESISTANCE :-
Support for the Silver is 53655-52577-51958-51847
Resistance for the Silver is 56766-57176
SILVER INTRADAY TREND TODAY :-
Buy is advised above 55203.8 with a stop at 54123.2
Below 53836.5 go for sell with stop at 54915.9
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