CLOSING COMMENTARY FOR OCT 12 MONDAY

Silver dollar trading between 17.70$ - 17.90$. Prices

have strong res at 17.90$ to 18.10$. Prices above

this could test more highs till 19$ on weekly

basis. Prices above 17$ looks positive.

Silver prices in MCX trading very thin. Prices trading

between 27200 - 27500 levels. Prices have storng levels

of 27500 and a close above could test 28000 but prices

need some momentum to have bullish trend. Overall

prices above 27000 looks firm.