MCX Silver Will Touch 68000?
Volume accumulation is confirming a downtrend. Here, the price is in a downtrend. But if you look for the short-term, silver price has started rising nearby the retracement value of 0.382. We may see a bullish reversal from the 0.236 value for 0.382 to 0.5.
MCX silver futures prices may hike to the levels of 66000 - 66600 - 67000 - 68000.
Overall, a clear trend will identify after moving averages crossover.
MCX silver futures prices may hike to the levels of 66000 - 66600 - 67000 - 68000.
Overall, a clear trend will identify after moving averages crossover.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.