MCX Silver Breakout Retest

#McxSilver Update:

#McxSilver Update:

As shared earlier in December 2022, #McxSilver broke out of the #FlagPattern above 70150, surged to 102000, and is now retracing to retest the breakout levels.

Current Price: 87910
Support Zones: 77950 / 69400 - 71900
Pattern Target: 114500

While #Silver has dropped over 13% in just 2 trading sessions, there's no need to panic. This could present a good buying opportunity. If you're waiting for a more favorable entry, you can consider buying #SilverBees once #McxSilver hits the aforementioned support zones. Alternatively, doing an SIP in #SilverBees could also be a good strategy for long-term exposure.

Stay calm, stick to your strategy!

#Silver | #McxSilver | #SilverBees | #FlagPattern