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Apr 6, 2021 11:40 AM

MCX Silver Will Touch 68000? Long

Silver FuturesMCX

Description

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.

Trade closed: target reached

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