Gold Silver Reports — Silver on MCX settled down -1.35% at 38052 adding to overnight losses after the Federal Reserve left the door open to raising interest rates in June.
Silver Report
Silver MCX Strong Support Key Level at 37700
Silver MCX Under Long liquidation; Support 41610
Silver MCX Resistance at 42560 – Analysis – 12 April 2017
Gold Silver Reports — Technically Silver market is under short covering as market has witnessed drop in open interest by 6.25% to settled at 12607 while prices up 821 rupees.
MCX Silver Upside Resistance Level at 42444
Gold Silver Reports — Technically Silver market is under fresh selling as market has witnessed gain in open interest by 0.23% to settled at 11658 while prices down -105 rupees, now Silver is getting support at 42092 and below same could see a test of 41902 level, And resistance is now likely to be seen at 42444, a move above could see prices testing 42534.
Silver MCX Intraday Trading Zone Level 41800-42800
Gold Silver Reports — Silver MCX Intraday Trading Zone Level 41800-42800 — Technically Silver market is getting support at 42080 and below same could see a test of 41800 level, And resistance is now likely to be seen at 42555, a move above could see prices testing 42800.
MCX Silver Under fresh selling, Last Support Level at 41700
Gold Silver Reports — Technically silver market is under fresh selling and getting support at 41700 and below same could see a test of 41510 level, And resistance is now likely to be seen at 42300, a move above could see prices testing 42730.