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MTECHTIPS:-SILVER
The silver opened negative in yesterday’s session testing 55600 levels in early trade, the commodity witnessed selling pressure on a sustained basis. The commodity has very strong support at lower levels around 54800, any dip in the commodity below these levels will open up levels of 54500-54000 in coming days. The commodity has a very strong resistance above 55800 levels, and if silver holds strongly above 55800 levels will open up 56500 levels.
The silver opened negative in yesterday’s session testing 55600 levels in early trade, the commodity witnessed selling pressure on a sustained basis. The commodity has very strong support at lower levels around 54800, any dip in the commodity below these levels will open up levels of 54500-54000 in coming days. The commodity has a very strong resistance above 55800 levels, and if silver holds strongly above 55800 levels will open up 56500 levels.
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