MCX Silver Outlook
By looking at MCX Silver chart the 4 hourly price chart suggests that prices have witnessed rally after taking support at 55950. It is now made a higher bottom and trying to reverse. Breakout above 56550 level on a closing basis can take prices till 57600 level. MACD is in the sell mode. Immediate support is at 55950 level
Live Trading Call: Buy above 56550 levels on a closing basis with stop loss placed below 55950 levels for targets of 57600 levels.
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