SUNDAY
WEEKLY UPDATE
Silver in international market last week was trading in the range between 16 – 16.5,
prices was not able to break the resistance and was trading in the same range ,
twice prices went up to 16.5$ but bears upper hand was witnessed in the market and
dropped back to 16.3$ for the week ahead we expect correction to take place with
16.5 as resistance for targets 15.5 any breakdown below 15.5$ then further
correction is expected till 15$.
Weekly Call :
Sell Silver between 16.25 – 16.5
with stops above 16.8
for targets 15.75 and 15.5//
any close below 15.5
add further shorts with stops at cost for target 15$
