Silver ( in $): $19.90 (as on 7.4.2014)
Technically the trend is down but strong support exists at 19.57 | 18.97 | 18.89 | 18.72 | 18.17, so a pull back rally may be in the offing and going up it will face resistance at 20.23 | 20.67 | 21.79 | 22.18.
Remarks: The trend is down but considering good support area, one can try long position with a stop-loss of 19.30 for a target of 20.23 | 20.67 | 21.79 | 22.18.
Contact me for strategic guidance to enter and exit the trade
Technically the trend is down but strong support exists at 19.57 | 18.97 | 18.89 | 18.72 | 18.17, so a pull back rally may be in the offing and going up it will face resistance at 20.23 | 20.67 | 21.79 | 22.18.
Remarks: The trend is down but considering good support area, one can try long position with a stop-loss of 19.30 for a target of 20.23 | 20.67 | 21.79 | 22.18.
Contact me for strategic guidance to enter and exit the trade
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