NOV 5 WEDNESDAY
SHORT TERM TREND : SIDEWAYS
LONG TERM TREND : BEARISH
S1 RS 16820 , S2 RS 16660
R1 RS 17120 , R2 RS 17360
Silver futures for December delivery rose 38 cents, or 3.9
percent, to $10.13 an ounce. The metal is still down 32
percent this year, while gold has dropped 9.6 percent.
Silver was quieter than gold as it shadowed the yellow metal
most of the day.
After pushing as high as $ 10.23 early on , it dropped towards
$ 10.10 in Asia , stabilised therafter between $ 10 and $ 10.20
in Europe and dropped further towards $ 9.64 in early
US trade.
From these levels silver stabilised to close at $ 9.79.
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