The MCX Silver December futures seem to be in consolidation mode.
The December futures may move in a broad range of Rs 46,500-51,000 in the short-to-medium term.
Key momentum oscillators on the daily charts are in favour of the bears, while select momentum oscillators are turning positive on the weekly charts. Hence, we may witness a two-way movement on the Silver in the near term.
Click Here for daily support and resistance points.
The December futures may move in a broad range of Rs 46,500-51,000 in the short-to-medium term.
Key momentum oscillators on the daily charts are in favour of the bears, while select momentum oscillators are turning positive on the weekly charts. Hence, we may witness a two-way movement on the Silver in the near term.
Click Here for daily support and resistance points.
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