Silver Trading Free Tips – BUY Silver March at CMP 37175 for Target Add more at price 37000 & 36850 with SL below price 36700 for target 37400 – 37650
MCX Silver prices rebounded by 3.50% during the Monday trades. On the daily chart, price has found the support at lower Bollinger band formation and reversed back to upside. COMEX Silver has traded near the previous high of $14.50. Moreover, a momentum indicator RSI (14) and MACD has pulled back from negative zone with positive crossover on the daily chart. which points out reversal in the prices for near term. So based on the above technical studies; we expect bullish momentum in the prices for the day.