Silver price feel well supported above 30$ on both rising and falling economic jitters but mostly its price is  moving with the direction of gold price and momentum will Dollar Index. On daily graph silver still have bearish zone upto 28-33$. Currently silver is trying to break in or  out positon . Direction of MACD changing next week . Traders can see the break of price from 31.40 -31.70 next week in any direction. We feel silver will trend higher next week if gold price sustain above 1640$, weaker Dollar Index and higher Oil price are maintained. However last week's MACD trading lower capping on top. The reason is that Stockpiles of silver bullion held in Comex warehouses meantime have hit their highest levels in at least decade, according to newswire Reuters, which first began compiling the data 10 years ago. If demand is consumed by India and China ok but silver price may fall with stocks volume in warehouse.

DFT