Strike Analytics

Silver MCX

9 Sep 202006:38 AM

Silver MCX prices opened higher near the top end of the triangle due to the premium in the next series. Silver MCX prices do show a triangle unlike the comex price. So wave 4 appears complete as a triangle and we are now trading above the 20dma as well which is at 67107. Next we test 70636  and above that the wvae 3 high at 77950 as we start wave 5 up.

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