Silver ended lower falling with gold as demand for precious metals was dampened by greater stability in equities and currencies following last week's sell-off. Silver began the day at 28950. As base metals made gains, Silver reached a high of 29049. Following gold, Silver sold off reaching its low of 28582. Consistent but quiet buying took the metal to a close of 28734.Now support for the silver is seen at 28528 and below could see a test of 28321. Resistance is now likely to be seen at 28995, a move above could see prices testing 29255.

Trading Ideas:

Silver trading range is 28321-29255.

Silver ended lower falling with gold as demand for precious metals was dampened

Silver is taking resistance at 28880 and support is at 28560.

In spot silver looks to have a support at 17.64$ and resistance at 18.10$

BUY SILVER SEPT @ 28700-28740 SL 28580 TGT 28790-28850-28910.MCX