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SILVER

Silver prices closed in red in last session after prices failed to close above the resistance zone of 69500 level. However on hourly chart prices is trading above the strong support zone of 68600 and it is trading above 60 days EMA whih is a positive sign for prices. Traders can buy Silver around 68600 for the target of 68900 on intraday basis.

BUY SILVER AROUND 68600 SL BELOW 68300 TGT 68900/69200

CRUDE OIL

Crude oil price closed on a flat note in last session. It remained volatile throughout the day. Prices is facing resistance around 8700 level from past few days indicating supply zone for prices. Traders can sell Crude oil around 8700 for the target of 8660 on intraday basis

SELL CRUDE OIL AROUND 8700 SL ABOVE 8740 TGT 8660/8600

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