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Graph Gallery WHERE ARE THE GLOBAL MARKETS GOING?
TECHNICAL CHARTS
FUNDAMENTAL CHARTS
Morning Briefing Silver (16.66) stands comparatively strong due to the recent strength in copper prices. Immediate resistance poised at 17.10 and 17.50 levels. Only a close below 16.60 could open up 16.05 and 15.80 levels respectively. We might see significant fall in Silver if there will be any short term price correction in Copper towards sub 2.85 levels.
Muted price action has been seen in Copper (2.88). Midterm resistance comes at 3.12 regions and support is at 2.85 levels. We will remain bullish on copper while it is trading above 2.85 regions.But a daily close below 2.85 could open up 2.78 and 2.67 levels respectively.