Friday 30 May 2014

CAPITAL STROKE COMMODITY UPDATE 30 MAY 2014 : MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-43500 R1-42000 S1-39000 S2-37500 .Silver prices dropped even after data revealed the U.S. economy contracted much more than expected in the first quarter.Expectations held firm that the Fed remains on course to wind down stimulus measures as the year unfolds, which kept prices in negative territory.Yesterday data showed that the U.S. economy contracted for the first time in three years in the first quarter. 


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