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Silver

Silver prices edged higher in last trading session after it broke the strong resistance zone of 65200 and rallied higher up till 65800 level. Overall trend is positive for prices as it is trading above 9 and 20 days EMA and RSI is also above 60 level which indicate that overall trend is bullish for prices. Any dips around 65200 level can be used as an buying opportunity for prices.

BUY SILVER AROUND 65200 SL BELOW 64800 TGT 65600/65800

Crude oil

Crude oil prices edged higher in last trading session and closed around 6220 level. Prices is facing strong resistance around 6250 level and it is not able to breach the mentioned level from past days. Any rallied towards 6250 may be used as an selling opportunity for the target of 6220 level on intraday basis.

SELL CRUDE OIL AROUND 6250 SL ABOVE 6280 TGT 6220/6180

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