Silver

Commodity View:
Silver is a talk-in-town commodities from a middlemen to jeweler, a trader to an investor. Silver prices has rose heavily in couple of years time.
As per Gann fan analysis, silver has a strong resistance between $41-41.50 where we can expect some sell off taking place. This could be said as a corrective move and prices can be expected to fall till $34-32 range. This action is also supported by overbought RSI and stochastic. If in case, the prices move on to a new phase of fan, then we can expect the rally to continue more towards $46 / $48 / $51.