Silver moved higher with gold prices. As safe-haven buying lifted gold prices, the gray metal outperformed. Silver opened the day at 28220. Early session declines in base metals saw Silver dip to an intraday low of 28208. As crude rose on the day, Silver began to recover, trading up to its high of 28560. Late session range trading saw the metal close at 28536. Now support for the silver is seen at 28309 and below could see a test of 28083. Resistance is now likely to be seen at 28661, a move above could see prices testing 28787.

Trading Ideas:

Silver trading range is 28083-28787.

Silver ended higher tracking firmness in gold prices.

Silver is taking resistance at 28660 and support is at 28420.

In spot silver looks to take support at 18.64$ and resistance at 18.98$.

BUY SILVER JUNE @28300-360 SL 28200 TGT 28425-28505-28594.MCX