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Monday, November 14, 2016

SILVER UPDATES FOR NOV 14 2016

MONDAY 3.45 PM IST



WEEKLY UPDATE



Silver in international market last week moved drastically


 between 18.9$  - 17.2$ and closed at 17.24$,trend for the


 commodity remains bearish and immediate  supports for the 


commodity is at 17$, any breakdown below 17$ we expect a 


steep correction further to test 16.3$ to 15.8$ in the days to come


 sell on rises is the strategy.



Weekly Call :



                Sell Silver international on rises between 17.3$ – 17.5$ 


with SL above 18$\


 for targets 16.5 – 16.3, 16, 


and  15.8, add further shorts below 17$.


             
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