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MTECHTIPS:-SILVER
Silver witnessed a sideways trading session as the commodity consolidated around 662000 levels, some selling was seen in final hours. Any dip in the commodity below the support levels of 61200 will open up levels of 60600 and lower. Silver has strong resistance above 62500 levels and if it manages to hold above these levels we may soon test levels of 63000. The commodity is in a profit booking mode, but has seen strong support at lower levels.
Silver witnessed a sideways trading session as the commodity consolidated around 662000 levels, some selling was seen in final hours. Any dip in the commodity below the support levels of 61200 will open up levels of 60600 and lower. Silver has strong resistance above 62500 levels and if it manages to hold above these levels we may soon test levels of 63000. The commodity is in a profit booking mode, but has seen strong support at lower levels.
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