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Sunday, January 29, 2017

SILVER UPDATES FOR JAN 29 2017

SUNDAY




WEEKLY UPDATE




Silver in international market last week dropped from 17.23$ to test 16.6$ and on week



end closing prices bounced back to close at 17.16$ from the bottom, trend for the



commodity looks bullish but breakout above 17.25$ will confirm the rally,



immediate resistance for the commodity is at 17.25$ and supports at 17.05$



and 16.75$ resistance is at 17.5$ and 17.8$.



Weekly Call :




Buy Silver international only above 17.25$



and add further on dips up to 17.1$



with SL below 16.9$



for target 17.65$ and 17.80$.




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