Silver - August 4, 2021 - Reliance Securities

Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

In other precious metals, international silver prices are trading in the green on Wednesday early afternoon trade in Asia, tracking the weakness of the U.S. Dollar.

Technically, LBMA Silver holds a resistance of 21-Daily Moving Average at $25.65 below which could see a downside move up to $25.10-$24.30 levels. Resistance is at $25.77-$26.00 levels.

Domestic silver prices are trading in the green on Wednesday early afternoon trade, tracking overseas prices.

Technically, MCX Silver September holds a resistance 68200-69000 levels. Support is at 67100-66700 levels.

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Source : Equity Bulls

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