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MTECHTIPS:-SILVER
The silver witnessed a volatile trading session as the commodity dipped early to test 53000 levels, but strong buying later in the day propelled the commodity above 54000 levels. 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.
The silver witnessed a volatile trading session as the commodity dipped early to test 53000 levels, but strong buying later in the day propelled the commodity above 54000 levels. 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.
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