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Overall trend of the Silver is bearish for medium-long term .Currently Silver is in strong downtrend 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.
Silver Support and Resistance
Positionally Immediate support for Silver is 51453.Resistance for the Silver is 53346-53869-54225-54396-55022-55721.
Currently Silver Price is 52362.00
MCX Silver Chart
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