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Sunday, August 30, 2015

SILVER UPDATES FOR AUG 30 2015

SUNDAY





WEEKLY UPDATE




Silver in international market last week dropped from 15.7$ to test 14.2$ but recovered back on last


two days to close 14.7$, immediate resistance for the commodity is now at 14.7$ and 15.2$, supports


for the commodity is now at 14.2$, sell on rises is the best bet, because Friday USA data shows


very positive sign of recovery for last quarter which gives a hint that FED may increase interest



rates very before than expected.



Weekly Call :



Sell Silver on rises between 15$ to 15.2$



with SL above 15.6$



for targets 14.5$ and 14.2$




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