Friday, May 25, 2012

COMMOTRENDZ SILVER VIEW FOR THE DAY

COMMOTRENDZ SILVER VIEW FOR THE DAY ::: SILVER NOT ABLE TO SUSTAIN AT HIGHER LVLS 54888 AND FALLING BACK. TODAY IS IMPORTANT DAY 4 SILVER. IF NOT ABLE TO BREAK THEN WE WILL SEE MORE DOWN SIDE. NOW SUPPORT IN MCX STANDS AT 53666 BREAK N CLOSE  BLW THIS LVL WILL SEE FURTHER FALL IN SILVER ELSE RANGED MKT SEEN 4 NOW. COMEX 27.50 IS IMPORTANT LVL. HOURLY CLOSE BLW THIS LVL WILL CALL FOR SHARP FALL IN SILVER CAN CORRECT UPTO 27-26.40 LVL. SELL ON RALLY 4 THE DAY.

SILVER JUL MCX TRADING RANGE 54888-53666 EITHER SIDE BREAK MORE DIRECTION ON CLOSING BASIS.
SILVER LBMA FIXES AT 28.08 SLITE POSITIVE.
SILVER ISHARE HOLDINGS STANDS AT 9664.30 UP BY 15 MT.
GOLD SILVER RATIO STANDS AT 55.50 FAVORING GOLD. STRONG RES AT 58  ANY CLOSE BLW 55 WILL CALL FOR SMART RECOVERY FURTHER ELSE CAN TOUCH 58 LVL.GOOD BUYING LVL SILVER AROUND THIS LVL.

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