Buy Silver MCX 68600—68500 Target 68910–69220 SL PAID. Gold prices looked set to post their best year since 2010 on Thursday, even as dimming prospects for increased U.S. stimulus checks and buoyant equities weighed on the metal in thin volume trade.
Silver Commodity Market Trading calls
XAG/USD Analysis: Silver Prices Continue to Struggle
Silver prices continue to struggle so far this week despite a lackluster US Dollar. Since the monthly high on November 9, XAG/USD is down nearly 5%. Meanwhile, the US Dollar (DXY) gained only 0.25%. Generally precious metals, like gold and silver, tend to perform well during periods of USD weakness.
Silver MCX Tips Today – Silver 61000 To 62365 = 1400 Points Up – Seller Rona Mana Hai – Neal Bhai
Silver MCX Tips Today – Silver 61000 To 62365 = 1400 Points Up – Seller Rona Mana Hai – Neal Bhai
Silver yesterday settled up by 2.05% at 61145 largely due to safe-haven interest amid continued uncertainty about the pace of the economic recovery. The dollar’s weakness amid renewed optimism about a new coronavirus relief package supported uptick.
Silver MCX Tips Blast – 56,800 To 59,135 = 2,300 Point Up, Seller Rona Mana Hai Trade With Neal Bhai (CFA)
Silver MCX Tips Blast – 56,800 To 59,135 = 2,300 Point Up, Seller Rona Mana Hai Trade With Neal Bhai (CFA)
Silver Price Rebounded From the Nearest Support Level at $26
Silver price continues to trade near $27.00 as the U.S. dollar is losing ground against a broad basket of currencies while gold tries to settle above the 20 EMA near $1950.
MCX SILVER BUY 44500—44450 STOP LOSS PAID TAGET 44600—44880 (INTRADAY + POSSTIONAL)
MCX SILVER BUY 44500—44450 STOP LOSS PAID TAGET 44600—44880 (INTRADAY + POSSTIONAL) – Silver ETFs also have been “extremely popular,” rising by just under 280 tons since the start of the month, Briesemann added.
Spot Silver Day Trading Range : Sell on Rise Trend Down / MCX Silver Day Trading Zone: Selling on Rise Resistance @45233
Silver prices settled flat as traders paid close attention to the latest developments on the Sino-U.S. trade front after U.S. President Donald Trump warned China that he may raise tariffs even higher.