Commodity Trading Tips for Silver by KediaCommodity
Silver trading range for the day is 55487-57443.
Silver stuck in a narrow trading pattern as investors search for the next catalyst to take prices higher.
Investors will be closely watching U.S. data in the Q2 for clues of a fresh round of monetary easing.
Gold’s appeal as a safe haven is usually boosted during times of economic uncertainty.
Silver is trading below 50DMA, which is at 57739, with intraday support seen at 55487 and resistance at 57443.