Mirae Asset Sharekhan

In today’s Commodity podcast, we have covered #Silver MCX Silver price had been moving in strong uptrend by forming higher highs and higher low’s formation within a rising channel, indicating bullish trend. Silver price tested it’s all time high of Rs 109,748 level (upper channel line) of the rising channel. Silver price failed to breach and sustain above the resistance suggests a potential shift in momentum from bullish to bearish for short to medium term.The negative crossover by macd supports the bearish momentum in upcoming trading sessions. Watch now to know more: https://youtu.be/tXG1oKcpmvYSource- Mirae Asset Sharekhan Research Team Disclaimer - https://rb.gy/jqplkw#MiraeAssetSharekhan #CommodityMarket #Silver #MiraeAssetSharekhan #CommodityMarket