A short covering pull back has been seen in silver which is trying to break immediate resistance of 53450. A successful attempt of breaching this level will be the sign of some stability in the prices.
However inability to stay above 52900 would be fatal for the this positive trend and silverprices could suffer deep downside.
A breach of 52800 could trigger major selling pressure. For day trading you can buy silver above 53400 TG-53700-53900-54100 SL- 53050.
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