Silver ended flat as recovered all of its losses tracking higher base metal and crude prices and also weak dollar supported the prices. The Gold Silver ratio did eventually pop higher yesterday to 57.20 in the metals sell off. That move has been reversed to current 56.28. Support is seen at October low 55.80. Silver opened at 35620. Responding in line with gold, silver traded lower triggering stops around the 35450 level eventually reaching its low of 35357. Strong buying interest as base metals and crude rallied took the metal to its high of 35779. Range trading for the remainder of the session saw silver close at 35679. Now support for the silver is seen at 35431 and below could see a test of 35183. Resistance is now likely to be seen at 35853, a move above could see prices testing 36027.

Trading Ideas:

Silver trading range is 35183-36027.

Silver ended flat as recovered all of its losses tracking higher base metal and crude prices

Silver is having resistance at 35850 and support at 35430 level.

In spot silver looks to have a support at 23.78$ and resistance is at 24.22$