MCX Silver Powers Through Pattern Targets – Momentum Continues#Update | #MCXSilver
On Dec 27, 2022 , we identified a bullish flag pattern when Silver was trading around 69,845 . A follow-up update was shared on Apr 4, 2025 , with prices near 87,878 .
Since then, MCX Silver moved up and touched a high of 1,16,641 on Jul 14, 2025 , meeting the projected zone of the earlier chart pattern — a move of 67% from the initial post and +32% from the April update.
At present, Silver is trading within an ascending channel on the long-term charts — a structure often associated with a sustained trend.
Stay tuned — this could just be the beginning!
⚠️ This is a technical observation shared for educational purposes only. Not a buy/sell recommendation. Please consult your financial advisor before making any trading decisions.
#Silver | #MCX | #TechnicalAnalysis | #PriceAction | #Commodities | #TrendAnalysis | #ChartPatterns
