SILVER is continuing its bullish momentum and there are no signal of weakness where 59000 is an immediate target levels - Swastika Investmart
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Daily Currency Market Updates
News in headline:
* Oil drops as weak China factory data fan demand concerns
* Copper prices slump on weak Chinese factory data, Gold holds steady
* Oil prices slip after weak Chinese data, OPEC+ meeting looms
Chart of the day:
SILVER :
SILVER is continuing its bullish momentum and there are no signal of weakness where 59000 is an immediate target levels. On the downside 57400 intraday and immediate support level. While below 57400 lead further weakness toward 57000-56800 levels.
Technical View:
* Bullion: Day trend is indicating uptrend in Gold & Silver.
* Energy: Day trend is indicating sideways in Crude oil & downtrend in Natural gas.
* Base metals: Day trend is indicating sideways to upside in all base metals.
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