Overall trend of the Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is showing SELL signal but has moved past its recent high with good volume points to a positive break out . The oscillator is showing SELL signal For short term Silver is in HOLD SHORT position and closed above 1 week high with volume signals up breakout.
SILVER SUPPORT AND RESISTANCE :-
Support for the Silver is 52693-51900-50983
Resistance for the Silver is 54214-56738-57372
MCX SILVER TIPS TODAY :- (click to get on mobile )
Buy above 54147.8 and keep stop below 52299.5 Target is 54967.1 next 56327.2
Below 51483.4 trend reversal can occur and next level is 50128.8
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