silver updates for 17th august 2012

 

Silver future resistance 28.40$

Support 27.70$

Silver trading at 28.25$ near its resistance so if it click and remain above this then fresh buying expecting till 28.60-80 and more if not then ?

then expect a profit booking round till 28-28.75$ and below support more panic not ruled out.

Bias: we favour sell with sl above resistance

More will update to our subscribers

 

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