Gold Silver Reports — Technically Silver market is under short covering as market has witnessed drop in open interest by -6.29% to settled at 17070 while prices up 763 rupees.
Silver Forecast
Fresh Buying Start in Silver MCX Support Key 37700
Gold Silver Reports — Technically Silver market is under fresh buying and getting support Key level at 37700 and below same could see a test of 37510 level, And resistance is now likely to be seen at 38280, a move above could see prices testing 38657.
Silver MCX Strong Support Key Between 37300—39700
Gold Silver Reports — Silver on MCX settled down -1.35% at 38052 adding to overnight losses after the Federal Reserve left the door open to raising interest rates in June.
Silver MCX Strong Support Key Level at 37700
Gold Silver Reports — Technically Silver market is under fresh selling as market has witnessed gain in open interest by 8.79% to settled at 19400 while prices down 492 rupees~.
Gold MCX Under Fresh Selling Below 28370
Gold Silver Reports — Technically Gold market is under fresh selling as market has witnessed gain in open interest by 6.92% to settled at 5595 while prices down 110 rupees.
Silver MCX Intraday Trading Zone 40610—41490
Gold Silver Reports — Technically Silver market is getting support at 40870 and below same could see a test of 40610 level, And resistance is now likely to be seen at 41325, a move above could see prices testing 41490.
Silver MCX Support Levels at 41100
Gold Silver Reports — Technically silver market is under fresh selling as market has witnessed gain in open interest by 2.68% to settled at 12019 while prices down 393 rupees.
Silver MCX Under Long liquidation; Support 41610
Gold Silver Reports — Technically Silver market is under long liquidation as market has witnessed drop in open interest by 0.04% to settled at 11705 while prices down 289 rupees.
Gold MCX Trading Range 29070-29444
Gold Silver Reports ✅ — Technically Gold market is getting support at 29180 and below same could see a test of 29070 level, And resistance is now likely to be seen at 29444, a move above could see prices testing 29534.
Gold’s Top Forecaster Says Gold Target $1350 by Year-End
Gold Silver Reports ✅ — Gold will end the year higher, spurred by faster inflation and political tensions in Russia, Syria and North Korea, according to Intesa Sanpaolo SpA, the best forecaster for the metal last quarter.