COMMOTRENDZ SILVER VIEW FOR THE DAY ::: SILVER TAKING STRONG CUE FROM LOWER LVL. HAVING CLUSTER OF SUPPORT AT 26.50-26.20 LVL. GOOD BUYING SEEN AT LOWER LVL. NOW STRONG RES IN COMEX SEEN AT 27.25 LVL N MCX RES SEEN AT 51888 LVL. BOTTOM SUPPRT SEEN AT 26 IN COMEX AND MCX SEEN AT 49444 LVL. IF WE SEE THIS LVL BROKEN ON CLOSE BASIS THEN WE MITE SEE FURTHER WEAKNESS IN THE COUNTER BUT GOOD BUYING SEEN AT LOWER LVL.
COMEX INTRA SILVER TRADING RANGE 27.25-26
MCX TRADING RANGE 51888-49444
SILVER LBMA FIXES AT 26.80 DOWN BY 39 CENTS
SILVER ISHARE TRADING HOLDINGS STANDS AT 10677.89 UNCHANGED
GOLD SILVER RATIO STANDS AT 57.75 WEAK. NEAR STRONG RES OF 59-29.20 LVL. GOOD BUYING CAN BE SEEN AT 59.20 LVL. For more please visit www.commotrendz.com
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