Friday 13 June 2014

CAPITAL STROKE UPDATE 13-June-2014 : MCX SILVER




SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-44500 R1-43000 S1-40000 S2-38500
Silver gains as weaker than expected U.S. data on retail sales and initial jobless claims underlined concerns over the health of the U.S. economy.
More short covering and bargain hunting were featured, as has been the case the past few sessions.

Now, some safe-haven demand is also surfacing due to unrest in Iraq.

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