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MCX Commodity market is facing selling pressure. MCX silver is also trading down. MCX Silver November contract slipped yesterday. MCX silver trend today is volatile, but in last 1 month volatility of MCX silver was low. Hence, short term investor better to buy if close above 57180.0 close below 53880.0 Sell will happen.
SILVER SUPPORT AND RESISTANCE
Immediate support for Silver is 53513.
Resistance for the Silver is 54900-55960-56552-56710-57299-58195.
MCX SILVER TIPS
If we talk about MCX Silver intraday trend then, it is better to buy above 56550.8 and Sell if below52089.7
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