EPIC RESEARCH MCX SILVER UPDATE OF 30 JUNE 2016

Silver trading range for the day is 42260-43880.
Silver gained on technically related buying as the bulls remain in firm near-term control of the charts.              
Bulls are also encouraged by safe-haven gold’s ability to show resilience amid better risk appetite in the marketplace at mid-week.        
U.S. consumer spending rose for a second straight month in May on increased demand for automobiles and other goods.

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