Silver Micro Futures (MCX), View for 5-July

7月4日

The degree and nature of separation in both bands indicates a strong uptrend. Also the price is trading in the positive zone with a RSI of above 50. The price tends to move higher and could test the level of R1-94,489 with a stop out level of S1-89,800.

Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.