Monday 21 July 2014

CAPITAL STROKE UPDATE 22-July-2014 : MCX SILVER




SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-48000 R1-46500 S1-43000 S2-41500

Silver gained as worries over ongoing tensions in Ukraine and Gaza Strip continued to dampen risk sentiment and boost demand for safe haven assets.

Prices seen supported on demand from investors seeking safe harbor from geopolitical tensions in Ukraine and in Gaza.

Markets are eyeing upcoming data from US, to gauge the strength of the economy and its impact on the Fed’s monetary policy.

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