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Sunday, May 17, 2015

SILVER UPDATES FOR MAY 17 2015

SUNDAY




WEEKLY UPDATE



SIlver in international market looks ver bullish than gold , Clear breakout was seen above 16.8$



an we expect the current momentum to contine till prices reach the next resistance levels at 18.4$



suports for the commodity is now at 17.2$, overall trend for the commodity looks very bullish and



we expect the prices to test 18.5 in the days to come.




Weekly Call :




Buy Silver on dips between 17.2 - 17.3




with stops below 16.8




for targets 18.2$ and 18.5$.