Silver Price Forecast January 5, 2018, Technical Analysis

Silver Price Forecast

Gold Silver Reports – ✅ Silver markets initially fell during the trading session on Thursday, but found plenty of support at the $17 level. Because of this, the market bounced back towards the top of the overall consolidate a very that we have been in for the last couple of days, setting up for an interesting Nonfarm Payroll Friday.

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China Exceeds Target for Household Gas Projects

Gold Silver Reports – China’s Ministry for Environmental Protection (MEP) said it had completed coal-to-gas and coal-to-electricity projects for 3.9 million households or 25,220 villages, exceeding a target of 3.1 million houses for 2017 in northern Chinese regions.

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Gold Prices Bounce on Positive Global Cues

Gold Silver Reports – Gold prices surged by Rs175 to Rs29,700 per 10 grams at the bullion market on Tuesday, driven by a firm trend overseas amid fresh buying by local jewellers. Silver prices also went up by Rs150 to Rs38,250 per kg due to increased offtake by industrial units and coin makers.

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Natural Gas MCX Day Trading Zone Between 165—188

Gold Silver Reports – Technically MCX Natural Gas market is getting support key level at 169 and below same could see a test of 165 level, And resistance key is now likely to be seen at 183, a move above could see prices testing 188 level.

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