CLOSING COMMENTARY FOR AUG 4 TUESDAY 10.30 PM IST

Silver dollar went up straight after cutting 14$.

Prices looking firm above 14.70$ and could test

15.10$ - 15.30$.Strong sup seen around 14$.

Prices could test even 16$ on weekly basis.

Silver prices went up sharply after it cuts strong

res of 23000. Prices initially saw a sell off in

MCX due to INR factors and managed to go up in the

eveing session. Prices have imp res around

23380 - 23400. A break above could test

24000 - 24500 on weekly basis.

Wait for confirmation .