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Friday, 22 April 2016

EPIC RESEARCH MCX SILVER UPDATE OF 22 APRIL 2016

Silver trading range for the day is 38388-42270.
Silver slipped sharply from an 11-month peak on Thursday as a rebound in the dollar prompted traders to cash in earlier gains.  
Silver is up more than 5% this week, and on track for its biggest weekly rise since January 2015 after a break of key chart resistance last week sparked a wave of buying.              
The head of ECB robustly defended the bank's policy of printing money and keeping borrowing costs at rock bottom and said interest rates would stay at current record lows

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