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drkartik01

Short Silver at 78600

Short
Silver Futures (MCX:SILVER1!)  
drkartik01  
MCX:SILVER1!   Silver Futures
Technical Indicators Trend Lines Candlestick Analysis
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indicator trendline candlestick
After quick runup from 74500 to 78600, silver showing some overbought indicators and MFI at 15mt timeframe started giving negative divergence. Soon 30mt and 60 mt shall follow.

one can short silver at 78600 for T1 76500. SL at 78980

Happy Trading.
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