SHORT TERM TREND : SIDEWAYS
LONG TERM TREND : BEARISH
S1 RS 16700 , S2 RS 16560 , S3 RS 16300
R1 RS 17020 , R2 RS 17380 , R3 RS 17640
WAIT FOR CONFIRMATION
March silver futures fell 12 cents to $9.85 an ounce
Silver tracked gold higher in Asia and London trading ,
risisng from $ 9.50 to $ 9.94 before stabilising at $ 9.73
at PM Fix.
Fund buying interest at the New york open saw the metal
jump to $ 10.32 before range trading between $ 10.38 and
$ 10.11 for the rest of the session and the n settling at $ 10.01.
Support and resistence are seen at $ 9.70 and $ 10.36
respectively today.
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