Wednesday, 21 May 2014

CAPITAL STROKE COMMODITY UPDATE 21 MAY 2014 MCX SILVER


SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-43500 R1-42500 S1-39000 S2-37500

Silver gains after two prominent Fed officials addressed the timing of rate hikes, which sent equities falling on uncertainty, thus supporting prices.
Ukraine will hold elections on May 25, and concerns persist that Russia will meddle in the voting and escalate the crisis.


Market players looked ahead to the minutes from Fed’s latest monetary policy meeting, due for release, for insight on central bank's view of the economy.

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