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MTECHTIPS:-SILVER
The silver also had a lack luster trading session as the commodity traded in a very small range. The commodity has very strong support at lower levels around 53700 levels, any dip in the commodity below these levels will open up levels of 53200 in coming days. Silver has strong resistance above 54800, any sustained move above these levels in the commodity will soon open up 55200 levels. We may witness profit taking in at higher levels.
The silver also had a lack luster trading session as the commodity traded in a very small range. The commodity has very strong support at lower levels around 53700 levels, any dip in the commodity below these levels will open up levels of 53200 in coming days. Silver has strong resistance above 54800, any sustained move above these levels in the commodity will soon open up 55200 levels. We may witness profit taking in at higher levels.
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