Strike Analytics

Silver MCX

27 Aug 202006:37 AM

Silver MCX prices are at near the support of 62200, however the comex prices is still much higher. Not sure if we can get a dip toward 25$ [26.8 current], so there is some downside risk. Hard to say how it will impact the mcx price. Need to wait for a clear signal or setup. Worst case could be 61.8% retracement of 3 at 59000.

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