Silver - June 22, 2021 - Reliance Securities

Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

In other precious metals, silver also edged down on Tuesday early afternoon trade in Asia.

Technically, LBMA Silver has bounced back from its 200-Daily Moving Average which is placed at $25.70 levels where further could see $26.30-$27.50 levels. Support is at $25.50-$24.90 levels.

Domestic silver also gave up morning gains and is trading marginally in the red on Tuesday early afternoon trade, tracking overseas prices.

Technically, MCX Silver July holds a support near 67000-65900 levels. Resistance is at 68700-69800 levels.

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Source : Equity Bulls

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