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MCX Silver Futures: May Test The 199600–194000 Support Area

free commodity mcx silver daily chart tips
free commodity mcx silver daily chart tips

MCX Silver Futures: Downside Risk Persists Below Recent High

Silver Futures remain under pressure after a corrective recovery failed near 3,04,900. The current decline may extend towards the 1,99,600–1,94,000 support (targets) zone. The overall short-term outlook remains negative while prices stay below the recent high.

Remember: a sustained move above the recent high would weaken the current bearish outlook.

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2 Comments

  1. Dear Devji,
    I added a payee. It’s a cooling period for 24 hours. So, will make it tomorrow.

    Thank you!
    Mahesh from Delhi

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