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SILVER

Silver prices edged higher in last trading session and closed around the important resistance zone of 65000 levell. Overall trend is looking positive for prices as it closed aboave 9 and 20 days EMA and RSI is also above 60 level which indicate that momemtum is strong for prices. Traders can buy Silver above 65000 for the target of 65300 on intrday basis.

BUY SILVER ABOVE 65000 SL BELOW 64700 TGT 65300/65600

CRUDE OIL

Crude oil prices gave a gap up opening in last trading sessoin. Prices failed to sustain higher near the mentioned level and closed around 6060 level. Overall trend is negative for prices as it is trading below 9 and 20 days EMA and RSI is also below 60 level. Any rallies towards 6150 may be used as an selling opportunity for the target of 6120 on intraday basis.

SELL CRUDE OIL AROUND 6150 SL ABOVE 6180 TGT 6120/6090

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