This's what we posted on 26th Feb@
[As per our findings Silver has strong support around the $28.49/oz from where it could take support & bounce. Only below $28.49/28.48/oz it could get weaken where on the downside it could see level of upto $27.65/27.45/oz]
Well just few days back it closed below the crucial $28.49/oz and as assumed it corrected to $27.45/oz and now as it closed below 27.45 the next strong support is around $26.81/26.72/oz, $26.06/oz, $24.29/oz, $23.26/oz...step by step
Overall Silver has become weak below $28.49/oz and its a sell on rise candidate as long it doesn't close above $28.50/oz on continuous basis.
Overall Silver has become weak below $28.49/oz and its a sell on rise candidate as long it doesn't close above $28.50/oz on continuous basis.
No comments:
Post a Comment