strong reversal-mcx silver below 43150 will have deep downside targets

Mcx silver intraday technical analysis 4th November 2016 Mcx silver intraday technical analysis 4th November 2016 Mcx silver future last closed at 43278 with loss. Mcx silver like gold showing strong reversal price patterns so below 43150 will start fresh downtrend and big downside target up to 40400.   For intraday, mcx silver resistance as well as fresh shorting zones are 43800 and then 44500. On downside traders can expect targets at 43000 and then 42400.   Positional Bullion traders can go short below 43150 with stop loss for targets 42000 and then 40400.

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