Wednesday, June 29, 2011

MCX:

SILVER IS TRADING ON UPSIDE MODE AS IT HAS ALREADY PASSED ITS RESISTANCE OF 51,000 MARK & WEAK DOLLAR INDEX HAS HELPED SILVER TO MOVE UPSIDE.

BUT IT HAS TO SUSTAIN ABOVE 51,000 MARK,

IF IT TRADES BELOW 50800 MARK THEN WE MAY SEE SILVER SETTLES BELOW 50400 MARK FOR TODAY'S TRADE.

OVER ALL WE ARE POSITIVE ON SILVER BUT ONLY & ONLY ABOVE 51,000.