Silver FuturesLong
MCX SILVER FUTURE January Contract
From 52000 to 72717 it's follow a trendline .
It respect 52 EMA very well. Also we can see a bullish engulfing candle was created in weekly chart . It's a good sign for bull run.
This year is the right time to invest in SILVER.
After breaking 78322 bull run start. Also global market perform very well .
Resistance 1: 72317
Resistance 2: 74136
Support 1: 67767
Support 2: 60305 (it's a strong support, for now price will come at this area if there will be no big issue like covid )
It respect 52 EMA very well. Also we can see a bullish engulfing candle was created in weekly chart . It's a good sign for bull run.
This year is the right time to invest in SILVER.
After breaking 78322 bull run start. Also global market perform very well .
Resistance 1: 72317
Resistance 2: 74136
Support 1: 67767
Support 2: 60305 (it's a strong support, for now price will come at this area if there will be no big issue like covid )
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