Silver ended higher on some short covering taking direction from higher gold prices. The gray metal gained more than gold in percentage terms because its market is smaller and often more volatile. Now technically market is trading in the range as RSI for 18days is currently indicating 54.19, where as 50DMA is at 28449 and silver is trading above the same and getting support at 28392 and below could see a test of 27617 level, And resistance is now likely to be seen at 29581, a move above could see prices testing 29995.

Trading Ideas:

Silver trading range is 27617-29995.

Silver ended higher on some short covering taking direction from higher gold prices

Silver is taking resistance at 29320 and support is at 239020.

In spot silver looks to take support at 17.82$ and resistance at 18.34$

BUY SILVER JULY @ 28850-920 SL 28740 TGT 29000-29160-29270.MCX