JUNE 5 THURSDAY
Silver futures for July delivery gained 10.5 cents, or 0.6 percent, to $16.94 an
ounce.
The metal has climbed 14 percent this year.
The metal will average $17.30 an ounce this year, Standard Chartered
analysts led by Helen Henton said in a report yesterday.
Earlier today, the price dropped as much as 1.3 percent. Silver slid
2.7 percent from a week earlier.
TRADE RECOMMENDATION
SELL SILVER BELOW RS 23550
STOP LOSS RS 23660
TARGET RS 23440, 23335, 23200
IMPORTANT SUPPORT AND RESISTENCE
S1 RS 23524 , R2 RS 23122, R3 RS 23069
R1 RS 12343, R2 RS 12415, R3 RS 12550
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