Wednesday, 14 October 2015

Commodity Market Evening Report

Silver
Silver prices have retraced from its session highs at 37580 levels. A break below 37350 will push prices lower towards 37100/36900 levels. A break above 37580 will see prices move higher towards recent swing highs at 37719 levels. A daily close above 37800 will be positive for the counter. Immediate support is seen around 36600 levels.

Natural Gas 
Sustenance below 163 levels will lead to further weakness in natural gas prices. Counter can slip towards 161.50/160 in that case. A decisive breakout above 164 will take prices higher towards 166/166.50 levels. Major support for the counter is seen between 160--159.50

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