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MTECHTIPS:-SILVER
The silver witnessed sharp decline in yesterday’s session as the commodity dipped well below 51500 levels. Silver is trading in a weak zone and has failed to take support at lower levels. The commodity has very strong support at lower levels around 51000, any dip in the commodity below these levels will open up levels of 50400 in coming days. The commodity has a very strong resistance above 52800 levels, any up move above these levels will open up 53400 levels.
The silver witnessed sharp decline in yesterday’s session as the commodity dipped well below 51500 levels. Silver is trading in a weak zone and has failed to take support at lower levels. The commodity has very strong support at lower levels around 51000, any dip in the commodity below these levels will open up levels of 50400 in coming days. The commodity has a very strong resistance above 52800 levels, any up move above these levels will open up 53400 levels.
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