Silver - Nov 25, 2020 - Reliance Securities

Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

International and domestic silver prices remained flat but remained volatile this Wednesday's trading session.

Technically, LBMA Silver Spot holds a support zone near $22.60-$23.00 levels from where prices could see upside push up to $23.60-$24.51 levels. However below $23.00 will continue its Bearish momentum up to $21.70-$20.00 levels.

On the charts, MCX Silver December is sustaining below Rising Channel formation where below 58500 could see a further downside momentum up to 57600-56000 levels. Resistance is at 60200-61000 levels.

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Source : Equity Bulls

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