Saturday, December 17, 2011

SILVER MCX TREND 17 December

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Currently Silver is in HOLD SHORT position Silver is in sideways so for short term better buy above 57400.0 with stop at 52316.0. The Silver is now trading is approaching oversold level. The oscillator is on BUY Signal and Silver is recovering from oversold level

Silver Support and Resistance
Immediate support for Silver is 52107.Resistance for the Silver is 55194-55781-55960-56063-56066-57384.

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