SILVER is continuing its bullish momentum and there are no signal of weakness where 63600 is an immediate target level - Swastika Investmart
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COMMODITY OUTLOOK
News in headlines:
Oil prices slip on hot U.S. inflation concerns
Oil Musters Second-Day of Gains as Rate-Hike Fears Jolt Markets
Oil’s Sizzling Rally Pauses on Prospect for Iranian Crude Flows
Chart of the day:
SILVER: SILVER is continuing its bullish momentum and there are no signal of weakness where 63600 is an immediate target level. On the downside 62800 intraday and immediate support level. While below 62800 lead further weakness toward 62500-62300 levels
Technical View:
Bullion: Day trend is indicating uptrend in Gold & Silver
Energy: Day trend is indicating uptrend in Crude oil & sideways in Natural gas.
Base metals: Day trend in base metal is indicating uptrend.
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