Silver - Feb 26, 2021 - Reliance Securities

Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

International Silver prices are also trading weak this Friday morning and early afternoon trade in Asia tracking the strength of the U.S. Dollar.

Technically, LBMA Silver Spot is trading below $27.00 indicating a sideways to bearish momentum to continue where resistance is at $27.60-$28.20 levels. Support is at $26.10-$25.95 levels.

Domestic silver prices are trading lower this Friday morning and early afternoon trade, tracking overseas prices.

Technically, MCX Silver March is trading near a pivotal level at 68000 and breakdown below the level could see a further downside move up to 67230-66000 level. Resistance is at 69100-70000 levels.

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Source : Equity Bulls

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