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Sunday, July 31, 2016

SILVER UPDATES FOR JULY 31 2016

SUNDAY



WEEKLY UPDATE




Silver in international market last week dropped in the first session then



recovered back from bottom levels of say from 19.5$ to close near 20.5$,



strong resistance for the commodity is at 20.5$, trend look very bullish ,



immediate supports for the commodity is at 20$ and 19.8$ resistance at


20.5$ and 20.65$ and 21$. Buy at current levels and on dips is advisable.



Weekly call :



Buy Silver International at CMP 20.35$



and on dips up to 20.2$



with sl below 19.8$



for target 21$.




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