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The day trend in Silver is indicating a pullback from its strong demand zone where a pullback has been seen - Swastika Investmart
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News in headlines:
* Oil prices drop on profit-taking, supply fears linger
* Gold set for fourth weekly loss on dollar strength, Fed hike bets
* U.S. drillers add oil and gas rigs for eighth straight week
Chart of the day:
The day trend in SILVER is indicating a pullback from its strong demand zone where a pullback has been seen, so indicating buy on dips signal as trading in its crucial support zone.
Technical View:
* Bullion: Day trend is holding its support level in Gold and Silver
* Energy: Day trend is facing resistance at higher levels in Crude oil and Natural gas.
* Base metals: Day trend in base metal is indicating mixed move to upside move.
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