Silver is favoring consolidations phase and trading in the range of 53200-54800 levels from last few days. If fundamentals conditions favors then technically Silver is looking bullish above 54600 levels and an upward momentum can be seen till 55000-55400 if Silver breached crucial level of 54850. While below 54200 an intraday down fall can be seen till 53900-53700. So intraday traders can trade as per above levels.
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