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Sunday, August 3, 2014

SILVER UPDATES FOR AUG 3 2014

SUNDAY




WEEKLY UPDATE



Silver along with gold last week dropped to 20.3$ which is considered as



very strong supports for now, prices closed at 20.319 levels,



if prices gives a break below 20.30 levels sure major correction



is expected with some short term supports like 19.8 ,19.4, and 19.1$..


Over all trend still in the hands of bears.



Weekly Call :



Sell silver below 20.3$



with stops above 20.5 on closing basis


for targets 19.8 and 19.5