MTECHTIPS:-SILVER
The silver closed the session with further decline, silver tested levels below 54500 in yesterday’s trade. Silver after dipping sharply recovered from its lows to close above 55200. Strong resistance in the commodity comes above the 55800 levels, and if the commodity manages to breach and hold above these levels we may witness silver testing 56500 levels also. Trend is weak and if the commodity fails to hold on to the current levels more decline till 54000 may be seen.
The silver closed the session with further decline, silver tested levels below 54500 in yesterday’s trade. Silver after dipping sharply recovered from its lows to close above 55200. Strong resistance in the commodity comes above the 55800 levels, and if the commodity manages to breach and hold above these levels we may witness silver testing 56500 levels also. Trend is weak and if the commodity fails to hold on to the current levels more decline till 54000 may be seen.
No comments:
Post a Comment