Silver rose benefiting from some of the same optimistic industrial sentiment that carried copper higher. Silver has more industrial uses than gold, and sometimes rises on increases in the industrial metals demand outlook. Prices were also lifted by some bargain interest.

Now technically market is trading in the range as RSI for 18days is currently indicating 46.22, where as 50DMA is at 29190 and silver is trading below the same and getting support at 28648 and below could see a test of 28499 level, And resistance is now likely to be seen at 28893, a move above could see prices testing 28989.

Trading Ideas:

Silver trading range is 28499-28989.

Silver prices rose yesterday in metals demand outlook

Silver is taking resistance at 28890 and support is at 28650.

In spot silver looks to take support at 17.46$ and resistance at 17.78$

SELL SILVER BELOW 28750 SL 28880 TGT 28680-28610-28540.MCX