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Commodity market yesterday i.e. on 7th aug traded mixed. MCX gold and silver were seen trading in thin ranges as attempts to inch higher in tandem with the international market were restricted by an appreciating rupee. This is the best MCX blog in which you get recommendations on MCX Silver daily as well as silver trading tips, free silver levels on mobile, you can also take free trial of MCX silver tips to check accuracy of our calls.
INTRADAY SILVER TREND>TIPS
Currently Silver is in HOLD LONG position Silver is moving sideways so short term investor better to buy if close above 53519.0 closing below 52708.0 Sell will happen. The oscillator is showing BUY signal.
Buy is advised only above 53874.5 with a stop at 53062.2 Below 52863.1 go for sell and put stop at 53674.6
Silver Support and Resistance :- Positionally Support for the Silver is 53148-53066-53045-52857. Resistance for the Silver is 53768-54302
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