MTECHTIPS:-SILVER
Silver witnessed another session of profit taking, as the commodity dipped to close below the 57000 levels. The commodity in coming sessions has strong support at lower levels around 56700. Any dip in the commodity below these levels will open up levels of 56000 and lower in coming days.Silver has strong resistance above 57400 levels and if it manages to hold above these levels we may soon test levels of 57900. Profit taking is seen in the commodity.
Silver witnessed another session of profit taking, as the commodity dipped to close below the 57000 levels. The commodity in coming sessions has strong support at lower levels around 56700. Any dip in the commodity below these levels will open up levels of 56000 and lower in coming days.Silver has strong resistance above 57400 levels and if it manages to hold above these levels we may soon test levels of 57900. Profit taking is seen in the commodity.

No comments:
Post a Comment