SUNDAY
WEEKLY UPDATE
Silver in international market also dropped from its peak of say 18.5$ to test
a low of 16.8$ and managed to close at 17.27$, strong resistance for the
commodity is now at 17.5$ any breakout will give a rally up to 18.5$,
both gold and silver is eyeing for GDP data, like gold we expect silver
may also give a positive rally before data and the outcome to decide the next move.
Weekly Call :
Buy silver between 17 – 17.2
with stops below 16.8
for targets 18 and 18.5
