SILVER PRICE TO COOL OFF NEXT

SILVER PRICE TO COOL OFF NEXT


SILVER MONTHLY CHART


SILVER DAILY CHART


PRICE ACTION FACTOR : SILVER in MCX closed at 124697 level. Straight gain started from 28 August, 2025 , influence of US TARIFF uncertainty captured in price. Notably in Monthly, Weekly and Daily chart it has formed a same kind of Bearish Candle, BEARISH SHOOTING STAR.  Price being overbought, can try to fill the gap between 120900 to 122493.

RSI FACTOR : Count for RSI in Monthly, Weekly and Daily respectively are 77.6, 75.6 and 71.8. Shorter time frame RSI is lower than longer time frames. Time for a price reversal.


VIEW :: PRICE CORRECTION WILL FILL THE GAP EXISTING IN LOWER LEVELS AND PRICE CAN DRAG TOWARDS 120900.


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