Silver Updates: Gold and silver
commodities are moving in different directions today. Gold made a positive opening while on the other hand silver started the day with
red mark. However the movement is sluggish but experts say that
silver may remain volatile withing the range of 53000-53550. Rally in
mcx silver is expected only above 53500 level. The most suitable
strategy to trade in silver today is buy on dips. So traders can take
their positions accordingly.
Copper Updates: In Base Metals, Copper
may trade higher today above 417 but inability to sustain above 416
can fortify the negativeness and we can see levels like 414.00-412 in
Copper today. Traders are required to trade copper above 418. Major
upside is seen above 424 level only.
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