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Silver MCX

12 Aug 2020 ‚óŹ 05:48 AM

The horizontal dotted lines show that wave 3 was 2.618 times wave 1. wave 4 can test the 20dma at 63848 or worst case the wave iv low near 61800. The downside would only be effected by the INR getting stronger else the US price action is already near short term support levels. If a triangle forms in wave 4 we could spend many weeks between 63000 and 75000 generally speaking.

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