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Part 2: Silver will touch 69200 levels again?Key level: 62110 On 6 June 2021, I had drawn a chart of silver ( ). Wherein, I've shown the silver can collapse up to 0.618 . It has made a low of 62184 and touched 0.618 levels of retracement. If MCX silver crossover and close below the level of 62110 , it will try to hit 60000 - 58900 - 57260 levels. Otherwise, it will take a bounce back from here and come back to the 65800 - 69200 levels. Please note, don’t forget to watch significant releases or events mentioned in the last update of crude oil that may affect the movement of gold, silver, and crude oil. URL:
MCX:SILVER1!
by freestocktips
3
MCX Aluminium Intraday Tips For TodayAccording to this chart, aluminium is moving flat under the rectangle pattern. The top of this rectangle is the resistance , and the bottom of this rectangle is the support . The trend is making frequent parallel channels between the support and resistance of this rectangle. At present, aluminium is playing into support trendline (B) . There is a crucial support. Fakeout, volume spike, tail, massive buying pressure, and S-RSI crossover is made in that area. So, break out of the crucial support means downfall for the levels of 143.6 - 142.6 . ...but aluminium will try to climb because of 50 & 10 MA crossover. Therefore we may see prices at 146.6 - 147.4 - 148+ soon.
MCX:ALUMINIUM1!Long
by freestocktips