Silver yesterday ended firm tracking firmness in gold prices. Silver is taking support at 29000 level only below 29000 mark looks till 28850-28600 level. Silver opened at 29049 before reverting to a low of 28995 as a revived dollar exploited investor solicitude. Enthused by the escapades of gold and base metals, the commodity later proceeded to a high of 29279 before settling the session at 29142. Now support for the silver is seen at 28998 and below could see a test of 28855. Resistance is now likely to be seen at 29282, a move above could see prices testing 29423.

Trading Ideas:

Silver trading range is 28855-29423.

Silver yesterday ended firm tracking firmness in gold prices

Silver is taking resistance at 29280 and support is at 29000.

In spot silver looks to take support at 18.22$ and resistance at 18.58$