MCX SILVER Weekly Analysis 06 May-10 May 2024

By | May 5, 2024 12:12 pm

MCX SILVER Gann Angle Chart

SILVER is back to its 4×3 gann angle support, Bulls need to hold 79000 for upmove towards fresh high, else bears will take control towards 76000-76500 range.

MCX SILVER  Supply Demand Zone

MCX SILVER Supply Demand Chart : Supply  in range of  80500-80600, Demand in range of 74900-75000.

MCX SILVER Harmonic Analysis

ABCD pattern D Leg can extend ride towards 85000/88000 till holding 75000.

SILVER Astro/Gann Trend Change Date

08 May Important Gann/Astro Date for Trend Change

Weekly Trend Change Level:79842

Weekly Resistance:80024,80405,80686,80967,81248

Weekly Support: 79633,79350,79067,78784,78500

Levels Mentioned are for Current Month Future

As always, it’s essential to closely monitor market movements and make informed decisions based on a well-thought-out trading plan and risk management strategy. Market conditions can change rapidly, and it’s crucial to be adaptable and cautious in your approach.

Trade smartly and safely.


Category: Silve MCX

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

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