(Time Zone: Arizona, USA)
Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities
International silver prices are trading flat to marginally weaker this Thursday morning and early afternoon trade.
Technically, LBMA Silver Spot will continue to trade on negative note up to $25.70-$24.30 levels. Resistance is at $26.55-27.05 levels.
Domestic silver prices are trading lower, tracking weak overseas prices.
Technically, if MCX Silver May continues to trade below 67500 we could witness a downside momentum will continue up to 65830 levels. Resistance is at 68700-69400 levels.
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