MCX SILVER weekly forecast for 18 to 22 dec. 2017
Mcx silver future this week closed at 37209 with gain.
mcx silver is in downtrend and after hitting 37500 berish target given swing low of 36672 and almost hit my given next bearish target of 36500.
below 36500 expect super bearish trend for december for sell targets 35200 and 34200 rupee levels.
from long term view, silver is in downtrend and heading lower towards 36k and 32k support as well as target zones.