MONDAY
WEEKLY UPDATE
Silver in international market has also dropped along with gold from 16.3$ to 15.8$ and
closed at 16.1$, below 16$ once again looks very bearish with strong resistance at 16.6$
supports at 15.6 and 15.2$, overall trend for the commodity remains bearish and we expect
prices to correct once it gives a breakdown below 16$.
Weekly Call
Sell silver only below 16$
and add one more at 16.1$
with stops above 16.6
for targets 15.5 and 15.2$
