mcx silver weekly : 36500 is make or break level

mcx silver weekly technical predictiosn for 28 march to 1 april 2016

mcx silver weekly technical predictiosn for 28 march to 1 april 2016

Mcx silver this week closed with loss. After last week gain silver prices sees some profit booking. On weekly chart prices are trading in a range since last 7 weeks. On upside prices bounded at 38500 while on downside 36000 is major support level.   Mcx silver price weekly chart price trend is bullish while momentum is losing out. For next week, mcx silver heading towards major support 36500. If gives reversal from support then expect targets of 38400 and 40700.   Closing below 36500 means breakdown for target 34200.

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