Silver prices ended at Rs.52125 after trading sideways for the whole week. A doji candle stick is suggesting indecision may persist for the coming week also. Crucial resistance is seen at 54000 (previous swing and upper trend line resistance shown in the chart above). If prices sustained above 54000 then it is likely to trade up till 56800 � 58000 whereas if it resist around those level then it is likely to touch the support level of 51000‐48500. We recommend low risk traders to stay away and wait for confirmation in the market.
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