silver pared some of its gains treasury  yields
Rally.Read Till End
Major economic data for the day
US GDP (12:30 pm GMT)
Gold-silver ratio-
Gold/silver ratio- 73.76. The ratio decreased
from 91.67 to 72.90, well above the historical
average of 52. So silver will outperform gold. It is
good to buy silver at lower levels compared to
gold.
Major trend reversal level -$32.50
It trades below 21 and above 55-EMA, and 200
EMA in the 4-hour chart. The near-term support
is around $30 and a break below the target of
$29.25/$28.48. On the higher side, immediate
resistance is around $32.50.
Signal
Sell $31.75-80 with SL around $32 for TP of $30.
Buy $30 with SL around $29 for TP of $35.