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Sunday, May 29, 2016

SILVER UPDATES FOR MAY 29 2016

SUNDAY


WEEKLY UPDATE



Silver in international market last week dropped from 16.6$ to 16.1$ finally



closed at 16.2$ strong supports for the commodity is at 16$, trend for the



commodity looks bearish sell below strong supports is advisable ,



immediate resistance for the commodity is at 16.3$ and 16.5$ supports at 16$,



below that we expect prices to correct up to 15.5$.




Weekly Call :



Sell Silver only below 16$



and add further on rises up to 16.1$


with SL above 16.3$


for target 15.5$.







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