Silver - Nov 23, 2020 - Reliance Securities

Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

International silver prices were flat in lackluster trade in early Monday afternoon in Asia.

Domestic silver was down by 0.35% this early Monday afternoon trade.

Technically, LBMA Silver Spot holds a resistance of 100-Daily Moving Average at $24.55 levels. However it is sustaining near $24.00 levels indicating for sideways momentum to continue in the range of $23.50-$24.90 levels.

MCX Silver December is holding a resistance near 62450 levels where it has a strong support near 61500 levels indicating a sideways momentum to continue in the range of 61400-62500 levels.

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Source : Equity Bulls

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