NOV 18 TUESDAY
SHORT TERM TREND : BEARISH
LONG TERM TREND : BEARISH
S1 RS 16180 , S2 RS 16030
R1 RS 16510 , R2 RS 16780
December silver sank 1.7% to $9.33 an ounce.
Silver tracked gold throughout the day , slipping
from $ 9.46 to $ 9.24 in Asian trading before gaining
fund buying support in London.
With LME Copper prices gaining 4.09 % in the day ,
silver rocketed during the London session,
rising to $ 9.70 before settling at $ 9.33 at the
PM Fix in Newyork.
Primary support and resistence are at $ 9.48 and
$ 9.74 respectively today.
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