MCX Silver Buy on Dips Expected Trading Zone 37333—38888, Goldman Neal Bhai Reports

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Gold Silver Reports – MCX Silver Buy on Dips Expected Trading Zone 37333—38888 — Silver on MCX settled down -1.24% at 37963 as the dollar continued to advance amid a sharp uptick in Treasury yields. Much of the dollar’s advance stemmed from euro’s weakness in the wake of reports that the leader of Germany’s Social Democrats (SPD), Martin Schulz, would not be taking over as finance minister for Europe’s biggest economy .

MCX Silver Expected Trading Zone

MCX Silver Buy on DipsTechnically Silver MCX is getting support key 37333 and below same could see a test of 37090 levels and resistance is now likely to be seen at 38340, a move above could see prices testing 38888.