SHORT TERM TREND: SIDWAYS
LONG TERM TREND : BEARISH
S1RS 20380 , S2 RS 20160
R1 RS 20740 , R2 RS 20980
STAY SHORT AT RESISTENCE.
SILVER DROPS ON DEMAND WORRIES.
Meanwhile, less-liquid silver plunged to $10.98 an ounce
before recovering a touch to trade at $11.07/11.15 an
ounce, down 11.6 percent from Wednesday's nominal
close of $12.52, tracking losses in gold.
silver plummeted on demand fears because of its industrial
metal attribute.
Primary support is at $ 12.35 and secondary support
is at $ 12.03.
Primary Resistence is at $ 12.90 and Secondary Resistence is
at $ 13.52.
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