MTECHTIPS;- Silver to trade in 37393-38703

MTECHTIPS-Silver trading range for the day is 37393-38703 Silver prices dropped as a recent rally started showing signs of fatigue. Prices remained supported recently amid lackluster economic data raised questions about whether the Fed will follow through with another rate increase this year. The U.S. economy will likely be strong enough for the Fed to trim its bond holdings in September, San Francisco Fed President John Williams said. BUY SILVER SEP 2017 @ 37900 SL 37600 TGT 38200-38550. MCX

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