UPDATES

TECHNICAL UPDATES AT 5 PM ON NOVEMBER 7

SHORT TERM : BEARISH

LONG TERM TREND : BEARISH

SUPPORTS ; 16860, 16540

RESISTANCES ; 17180, 17430

STAY SHORT AT RESISTANCES

Silver for immediate delivery was down 0.2 percent at

$9.9613 an ounce.

Silver had no direction.

The metal range traded finding support at $ 10.10 and resistence

at $ 10.35 in Asia and Europe.In US bid silver was well bid.

After briefly touching a high of $ 10.58 the metal was

sold lower as the day progressed.

Silver closed near its lows at a bid of $ 10.09.