Bullions Tips: Silver Edge Lower In Early Trade, Natural Gas Looking Strong

Silver on hourly chart has broken the upward sloping trend line near 40,270, which is a negative sign for the prices. RSI is also below 60 indicating lack of momentum in prices. We expect price to go down till 39,900 levels.

Natural Gas managed to give an hourly close above 196.50 levels, which is positive for the prices. RSI has also moved above 70 levels indicating strong momentum in prices. We expect prices to touch 199.50 levels as long as 194.50 Is intact on the lower side.

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