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MTECHTIPS:-SILVER
The silver opened negative in yesterday’s session and dipped further as the commodity sustained below 54000 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 53200, any dip in the commodity below these levels will open up levels of 52800 in coming days. The commodity has a very strong resistance above 54100 levels, any up move above these levels will open up 54600 levels.
The silver opened negative in yesterday’s session and dipped further as the commodity sustained below 54000 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 53200, any dip in the commodity below these levels will open up levels of 52800 in coming days. The commodity has a very strong resistance above 54100 levels, any up move above these levels will open up 54600 levels.
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