Silver news

Intraday Trend- Buy is advised only above 42424.8 with a stop at 41241.8 Below 40903.9 go for sell and put stop at 42085.6

Intraday Resistance of SILVER are 42001.6 : 42340.1 : 42902.1 : 41969.7 : 42012.4

Intraday Support of SILVER are 41324.4 : 40985.9 : 40423.9 : 41357.4 : 41315.1

Silver Technical Analysis

Silver Technical Analysis - Prices are testing support at the bottom of a bearish Flag pattern (), with a break downward on a daily closing basis targeting the 23.6% Fibonacci expansion at 19.03. Near-term resistance is at 20.59, the July 23 high, followed by the Flag top at 20.93.

silver news

Intraday Trend- Buy is advised only above 41732.2 with a stop at 40812.7 Below 40561.8 go for sell and put stop at 41480.3

Intraday Resistance of SILVER are 41648.9 : 42066.4 : 41450.8 : 41493.2
Intraday Support of SILVER are 40643.1 : 40225.6 : 40842.3 : 40800.3

Silver Technical Analysis

Silver Technical Analysis (Spot) - Prices are pulling back from resistance at 20.73, the 38.2% Fibonacci retracement, to retest a recently broken barrier at 20.13. A break back below that eyes a rising trend line at 19.48. Alternatively, a move above resistance eyes the 50% Fib at 21.51.

SILVER NEWS & TREND

Intraday Trend- Buy is advised only above 41663.7 with a stop at 40703.1 Below 40438.4 go for sell and put stop at 41397.9

Intraday Resistance of SILVER are 41223.8 : 41368 : 41354.5 : 41396.8

Intraday Support of SILVER are 40876.2 : 40732 : 40746.7 : 40704.7

Silver news

Currently Silver is in SELL position Silver is moving sideways so short term investor better to buy only above 42444.0 with stop at 40312.0 The oscillator is showing BUY signal 

Intraday Trend- Buy is advised above 42012.5 with a stop at 41110.3 Below 40865.5 go for sell

Intraday Resistance of SILVER are 41928.6 : 42335.8 : 41743.9 : 41786.4
Intraday Support of SILVER are 40947.4 : 40540.2 : 41133.2 : 41091

Silver Technical Analysis news

Silver Technical Analysis (Spot) - Prices are pulling back from resistance at 20.73, the 38.2% Fibonacci retracement, to retest a recently broken barrier at 20.13. A break back below that eyes a rising trend line at 19.48. Alternatively, a move above resistance eyes the 50% Fib at 21.51.

Daily Chart - Created Using FXCM Marketscope 2.0

MCX Silver Sep : Sell around 41200 level

MCX Silver Sep : Sell around 41200 levels with a stop loss placed above 42000 levels for targets of 40200 levels

Silver news

Trend updated for-Jul/23/2013.CMP-42234 Overall trend of the Silver is bearish for medium-long term .Currently Silver is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Silver is in HOLD SHORT position and closed above 1 month high with volume signals up breakout.Positionally Support for the Silver is 41827-40837-40577-40360-.Resistance for the Silver is 42949-44461-

Short term and Intraday Level of SILVER

Intraday Trend- is in intraday buy level better buy above 42917.3 or in low buy above 41553.1 Target is 43516.1 next 44510.2 Below 40956.6 trend reversal can occur so keep long stop at 40956.6

Intraday Resistance of SILVER are 42803.1 : 43372.3 : 44317 : 42542.8 : 42585.7
Intraday Support of SILVER are 41664.9 : 41095.7 : 40151 : 41926.3 : 41883.7

Silver Technical Analysis

Silver Technical Analysis (Spot) - Prices are consolidating below resistance at 20.22. Near-term trend line support is at 19.18, with a break below that targeting the 23.6% Fibonacci expansion at 18.70. Alternatively, a break above resistance aims for the 38.2% Fib retracement at 20.73.

Daily Chart - Created Using FXCM Marketscope 2.0

(http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2013/07/18/Commodities_Gold_Crude_Oil_Remain_Focused_on_Bernanke_Commentary.html)