Gold Silver Reports ✅ — Technically Silver market is under fresh selling as market has witnessed gain in open interest by 2.05% to settled at 12179, now Silver is getting support at 41800 and below same could see a test of 41610 level, And resistance is now likely to be seen at 42368, a move above could see prices testing 42590.
Silver Forecast
Gold Forecast, Reports and Outlooks
Gold Silver Reports ✅ — Gold had a strong year in 2016 and we expect an even stronger advance in 2017. The following targets are our short-term, medium-term and long-term gold price forecasts.
MCX Silver Upside Resistance Level at 42444
Gold Silver Reports — Technically Silver market is under fresh selling as market has witnessed gain in open interest by 0.23% to settled at 11658 while prices down -105 rupees, now Silver is getting support at 42092 and below same could see a test of 41902 level, And resistance is now likely to be seen at 42444, a move above could see prices testing 42534.
Silver MCX Intraday Trading Zone Level 41800-42800
Gold Silver Reports — Silver MCX Intraday Trading Zone Level 41800-42800 — Technically Silver market is getting support at 42080 and below same could see a test of 41800 level, And resistance is now likely to be seen at 42555, a move above could see prices testing 42800.
Silver MCX Under Short Covering; Support Zone at 41710
Gold Silver Reports — Technically silver market is under short covering as market has witnessed drop in open interest by -7.94% to settled at 11633 while prices up 592 rupees.
SILVER FORECAST: SUPPORTED ON INDUSTRIAL DEMAND
Gold Silver Reports — Silver futures witnessed a mild recovery from lows under $17 per ounce a rebound in Gold futures and a strong undercurrent in Copper prices kept the metal supported.
Gold Spot Weekly Forecast Report March 6-10
Gold Silver Reports ⭐⭐⭐⭐⭐ — Gold prices declined in last week’s trading as the US dollar index (DXY), which measures the greenback’s strength against a basket of six major currencies, rallied. Gold prices fell to a low for the week on Friday, at $1,223 an ounce, the lowest level traded since February 15. At week’s end, however, the contract for April settlement on the COMEX division of the New York Mercantile Exchange ended well off the low of the day at $1,235/ounce. This represented a loss of 1.8% for the week overall.