SUNDAY
WEEKLY UPDATE
Silver in international market last week jumped from 16$ to 16.7$ and once again dropped
back to 16.4$, now strong supports for the commodity is at 16.4$ any further breakdown below
16.4$ may give a correction up to 15.6$ overall trend for the commodity remains
bearish and we expect prices to correct up to above said levels. Sell on rises is
the advisable strategy for now.
Weekly Call :
Sell Silver on rises between 16.5$ – 16.7$
with stops above 17.1$
for targets 16$ and 15.6$.
