CLOSING COMMENTARY FOR JULY 27 MONDAY

Silver dollar managed to test its strong res of 14$ mark.

Medium term looks bullish and strong res seen around 14.10$.

A break above this could test 14.50$ levels. Overall

trend is positive.

Buy on dips advised.

Silver prices range bound today between 22600 -22800.

Strong res is at 22850 - 22900 levels. A break above is

more bullish. Sup seen at 22600 lvels.

Wait for confirmation.