The MCX Silver December futures is likely to enter a tight trading range in the near term.
Silver may consolidate in the range of Rs 47,500-50,500, until we see a breakout in either direction.
Key momentum oscillators on the daily and the weekly charts are in conflict mode, hence any clear direction seems unlikely in the very near term.
Read the complete analysis here.
Silver may consolidate in the range of Rs 47,500-50,500, until we see a breakout in either direction.
Key momentum oscillators on the daily and the weekly charts are in conflict mode, hence any clear direction seems unlikely in the very near term.
Read the complete analysis here.
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