MCX Silver – Technical Outlook 1st July 2020 MCX Silver Sept future…s technical chart has taken the formation of “Ascending broadening wedge” pattern in 2hr time frame. Last few sessions ended up in sideways mode, retesting near the channel’s support line. The market is expected to continue on bullish momentum, once the prices breaks above a key resistance area holding near 50450. The negative rally could be extending all the way up to 50800-51100 levels in the upcoming sessions. An alternative scenario indicates that if the resistance holds strong then the market might retest the same and revise the trend to bearish/sideways mode. Key support holds at 49500.For more visit:https://enrichbroking.in/silver-commodi… #Enrich #MCX #Silver #Commodity #Market #Outlook #Analysis #Reports See More

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