MCX SILVER weekly analysis for 7 to 11 january 2019
silver future on last trading session closed at 39173 with loss.
silver future as expected above 37700 support set on rally and almost hit january bullish swing target of 39700 with high of 39670 !!
mcx silver now correcion and consolidating.
on downside 38500 and 38000 are strong support zones as buying levels on reversal move.
mcx silver future next bullish target will be around 41100 and above 37700 use major dips to buy and accumulate with stop loss.
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