#Update | #MCXSilver
On Dec 27, 2022, we identified a bullish flag pattern when Silver was trading around 69,845. A follow-up update was shared on Apr 4, 2025, with prices near 87,878.
Since then, MCX Silver moved up and touched a high of 1,16,641 on Jul 14, 2025, meeting the projected zone of the earlier chart pattern — a move of 67% from the initial post and +32% from the April update.
At present, Silver is trading within an ascending channel on the long-term charts — a structure often associated with a sustained trend.
Stay tuned — this could just be the beginning!
⚠️ This is a technical observation shared for educational purposes only. Not a buy/sell recommendation. Please consult your financial advisor before making any trading decisions.
#Silver | #MCX | #TechnicalAnalysis | #PriceAction | #Commodities | #TrendAnalysis | #ChartPatterns
On Dec 27, 2022, we identified a bullish flag pattern when Silver was trading around 69,845. A follow-up update was shared on Apr 4, 2025, with prices near 87,878.
Since then, MCX Silver moved up and touched a high of 1,16,641 on Jul 14, 2025, meeting the projected zone of the earlier chart pattern — a move of 67% from the initial post and +32% from the April update.
At present, Silver is trading within an ascending channel on the long-term charts — a structure often associated with a sustained trend.
Stay tuned — this could just be the beginning!
⚠️ This is a technical observation shared for educational purposes only. Not a buy/sell recommendation. Please consult your financial advisor before making any trading decisions.
#Silver | #MCX | #TechnicalAnalysis | #PriceAction | #Commodities | #TrendAnalysis | #ChartPatterns
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.