Positional call: Buy Silver Mini (June) at current price with stop loss of closing below 38300

SMC | May 7, 2015, midnight


Recommendation


Positional call: Buy Silver Mini (June) at current price for target of 41000 with stop loss of closing below 38300.


Gold silver ratio


Analysis:


Gold silver ratio after hitting 76 levels is showing show some decline towards 74 levels and it may further decline towards 72 in near term. Any decline in gold silver ratio means silver can outperform gold in near term.




 

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