SILVER is continuing its bullish momentum and there are no signal of weakness where 54800- 55000 is an immediate target levels - Swastika Investmart
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News in headlines:
* U.S. Coast Guard probes natgas pipeline explosion at Lake Lery, Louisiana
* Oil prices retreat on demand destruction fears, benchmarks off 4% for week
* Oil Heads For Second Week of Losses as Demand Concerns Weigh
Chart of the day:
SILVER: SILVER is continuing its bullish momentum and there are no signal of weakness where 54800- 55000 is an immediate target levels. On the downside 53800 intraday and immediate support level. While below 53800 lead further weakness toward 53500-53000 levels.
Technical View:
* Bullion: Day trend is indicating sideways to upside in Gold & Silver.
* Energy: Day trend is indicating sideways in Crude oil & Natural gas.
* Base metals: Day trend is indicating sideways to upside in all base metals.
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