YESTERDAY CRUDEOIL ROCKSSSS HIT FINAL TGT 2020
Silver: Silver
prices need to sustain above 35100 levels for the counter to retest 35400 areas
again. The broader prices set-up for the counter will stay positive until
prices trade above 34000 levels. Immediate support is seen around 34500 below
which prices will trade weak.The above is hourly chart of Silver. It
suggests that prices are hovering near trend line support levels. If it breaks
34700 then it will fall further till 34225 levels. On the upside, immediate
resistance is located at 35110 levels. Precious
metals steadied after touching three-month highs on Tuesday, underpinned by
global growth concerns and as another sharp drop in the oil price pushed
investors toward safe-haven assets.
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