Silver opened the day at 27280. Trading in line with base metals and crude, Silver reached an intraday high of 27610. Fund buying interest brought the metal to a close of 27464. Now support for the silver is seen at 27195 and below could see a test of 26925. Resistance is now likely to be seen at 27672, a move above could see prices testing 27879.

Trading Ideas:

Silver trading range is 26925-27879.

Silver yesterday ended firm tracking firmness in gold as market is consolidating

Silver is taking resistance at 27580 and support is at 27330.

In spot silver looks to take support at 17.36$ and resistance at 17.74$.

BUY SILVER JUL ABV 27520 SL 27380 TGT 27600-27680-27760.MCX