Silver Price Forecast: The technical set-up seems tilted firmly in favour of bearish traders and supports prospects for an extension of the ongoing depreciating move for the silver (White Metal). Hence, a subsequent slide below the $21.00 mark, towards challenging the YTD low around the $20.45 area touched on May 13, now looks like a distinct possibility.
Neal Bhai
Gold Price Intraday Technical Forecast By Neal Bhai [08-06-2022]
Gold Price Intraday Technical Forecast: The Intraday chart for the gold (Yellow Metal) shows that the price managed to bounce from converging 20 and 200 SMAs, at around $1,840 Technical indicators have turned marginally higher but without strength enough to confirm further gains, as the RSI is still below its mid-line.
MCX Weekly Research Report 06 to 10 June 2022 [Bullion Sell on Rise]
Top 5 Commodities MCX Weekly Research Report, 06 to 10 June 2022 Weekly, Monthly MCX Live Research Reports Released by Neal Bhai Experts Research Teams, India.