SUNDAY
WEEKLY UPDATE
Silver in international market last week dropped to 15.5$ and then recovered back
to test 16.1 on closing , prices is expected to trade range bound strong resistance
for the commodity is now at 16.5$ we expect prices to give a positive move in the
first part of the week and correction may take place in the second session .
Over all trend for the commodity remains bearish and sell on rises is the best bet.
Weekly Call :
Sell Silver on rises between 16.3 - 16.5
with stops above 16.8
for targets 15.8 and 15.5$.
