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MTECHTIPS:-SILVER
Silver witnessed a session of sideways trading and the commodity dipped from its opening highs, and closed the day with losses. Any dip in the commodity below the support levels of 61000 will open up levels of 60400 and lower. Silver has strong resistance above 61800 levels and if it manages to hold above these levels we may soon test levels of 62600. The commodity is in a profit booking mode, but has seen strong support at lower levels.
Silver witnessed a session of sideways trading and the commodity dipped from its opening highs, and closed the day with losses. Any dip in the commodity below the support levels of 61000 will open up levels of 60400 and lower. Silver has strong resistance above 61800 levels and if it manages to hold above these levels we may soon test levels of 62600. The commodity is in a profit booking mode, but has seen strong support at lower levels.
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