Refer the morning post. Mentioned that the updates about Silver would be published by evening.
Today morning Silver Spot US was trading at $30.65.
The Daily chart of the Silver spot US was indicating a halt for ongoing upside move.
Which indicates a selling opportunity at yesterday's high.
Yesterday, Silver MCX made a high of 53860.
Therefore, suggested a range of 53700 - 900 to create the selling position for the day to my customers and friends.
As of now, Silver formed a low of 53170 and now very close to the Intraday target of 52862.
My friends, who are in the business of advising (The Regional Head of Fortun Financial - Mr.Joseph Macwan and my best buddy Prashant Vibhute of MOSL) have also created the positions at 53700 - 750. However, the higher side limits were not executed.
As I updated them yesterday evening only about the trade, now I suggest them to square the position by 7:45 pm. The Gold US is expected to bounce back by the time as it is now close to its 200 DMA.
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