Silver yesterday after trading higher in the opening session fell later tracking fall in gold prices. Silver again closed below 29000 level a jump above the same can be seen till 29080-29160 level. Silver which used more widely for industrial purposes than gold, lost more than the yellow metal in percentage terms as the dreary data from Friday continued to weigh. Now support for the silver is seen at 28815 and below could see a test of 28670. Resistance is now likely to be seen at 29189, a move above could see prices testing 29418.

Trading Ideas:

Silver trading range is 28670-29418.

Silver closed weak yesterday tracking fall in gold prices

Silver is taking resistance at 29080 and support is at 28815.

In spot silver looks to take support at 18.22$ and resistance at 18.58$