MCX Silver yesterday settled up by 2.03% at 65878 after fresh data showed inflationary pressures in the US continue to increase, which could mean the Fed will have to raise interest rates faster than expected.
MCX Silver Tips
Access reliable MCX silver tips and trading strategies to enhance your commodity investments. Stay ahead with expert Neal Bhai insights and silver market analysis for profitable silver trading tips.
- Category : BULLION (Precious Metal)
- KG : 30
- Now a Days MCX Silver is highly traded commodity.
- MCX Silver has Value of ₹30 per 1 Points
Silver Consolidated Below Six-week Tops | Neal Bhai Reports
Silver now seems to have entered a bullish consolidation phase and was seen oscillating in a range just below mid-$24.00s, or six-week tops touched earlier this Thursday.
Spot Silver Report: Selling Zone at $23 —$23.20 | Gold Silver Reports
Spot silver shorts at $22.50—$22.60 Target $22.20—$22.10, perhaps as far as $21.85/$21.80. If we continue lower look for $21.65 & $21.45—$21.40.
Silver MCX Today All Target Hit 59650 to 60448 | Neal Bhai Reports
Silver MCX Today: Silver yesterday settled up by 2.11% at 59617 as the number of Americans filing new claims for jobless benefits rose further last week amid another increase in California, but the labor market recovery remains intact, with unemployment rolls steadily shrinking in mid-September.
Silver Price Should Bounce Very Soon | Gold Silver Reports
Silver price has retested a historical support and is ready to follow up a long trade. We can see a daily confirmation of buyers in the POC zone. If the market makes a bounce in the zone we could see a retest of M L3 and M H3 levels. M L3 is 24.83 and 26.09 could be the target. For bulls to win this swing the price needs to stay above 23.00.