27 Aug 2020 ● 06:37 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.