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MCX commodity market today is expected to open neutral, there is a sluggish business noticed in the bullion metals gold and silver. On the international front, brent crude, used to price foreign crude imported by many U.S. refiners to make gasoline, rose USD 1.32 to finish at USD 125.44 a barrel in London. Natural gas fell 3 cents to finish at USD 2.27 per 1,000 cubic feet in New Yor.
SILVER INTRADAY TREND 9 March
The Silver is in perfect uptrend .Currently Silver is moving sideways The oscillator is showing SELL signal. In last 1 month volatality is very less Buy the Silver above 61734 or buy with strict stop at 56017. The oscillator is showing SELL signal For short term Silver is in hold short position
Silver support and Resistance
Support for the Silver is 58289-58111-57373-56109-55146-54949
Immediate resistance for Silver is 61734
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