MCX Silver Updates

International Silver updates has pushed the domestic Silver prices in to bullish zone again. COMEX silver has rose up by more than 1% similar gain has been seen in MCX silver price also. With a gain of more than 1%, Silver (July Futures) has reached up to 54750 level which was the immediate resistance for this precious metal. The trend is bullish and there's a room for 500-600 points for upside. If Silver successfully  prevails this level, prices can go up to 55000-55500 level soon. The midterm trend of bullion metals is positive.

Intraday Traders can buy Silver above 54750 TG-55000-55300.


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