MCX SILVER TREND,SILVER TREND TODAY, MCX SILVER TIPS TODAY, SILVER TIPS,SILVER PRICE TODAY,SILVER TIPS ON MOBILE, MCX SILVER FREE TRIAL
COMEX Silver is technically in a slightly upward in short term. Last week COMEX Silver was trading in a range for the whole week. For the upcoming week 3000$ and 2800$ are the crucial supports and
3800$ and 4100$ are crucial resistance in COMEX Silver. In MCX Silver, 62000 and 65000 will act as major resistance and 52000 and 48000 will act as major supports.
MCX SILVER TRADING STRATEGY
Technically COMEX Silver is consolidating on charts. For thIS week traders can use sell on higher level strategy if Silver sustains below the level of 3160$ an ounce, then below 3120$ COMEX Silver can test the level of 3060/3006/2970$ an ounce. And in MCX Silver sustains below 54500 then it can test the level of 53000/52000/51000.Trade by keeping the proper stop losses.
MCX SILVER TIPS
Prices which were witnessing sideways consolidation moves in the range of 55000-58500 levels have given a breakdown. The daily MACD is in a sell mode. Prices are below 13 DMA. We recommend a sell below levels of 55000 with a stop loss placed above 56000 for a target of 53800
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