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Silver MCX Trail Call 5 February 2016

Commodity Calls Intraday + Positional

MCX Silver CMP:- 35840

Silver MCX Between 35750 — 35850

With Stop loss at 35199 Target ⇒ 36200 ⇒ 36400 ⇒ 36800

Markets took the news in stride, with MSCI’s gauge of stocks across the globe EURONEXT:IACWI up 0.75% at 816.92. The index fell 2.1% last week in its worst weekly performance since April.

“I think largely the Biden bailing out was priced in; we just needed definitiveness on that,” said Lou Basenese, president and chief market strategist at MDB Capital in New York. “Now you’re seeing the Trump trades, more risk taking, and small caps, going long oil and gas, and bitcoin really returning to the market,” he added.

The dollar was slightly higher against a basket of currencies, capturing some safe-haven flows, while bitcoin – which has tended to be a beneficiary of any growing chances of a return of Trump to the White