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SILVER Update || MCX || 16-17 Jan

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MCX:SILVER1!   Silver Futures
Timeframe: 4 HOUR

Long-Term Buying Suggested Above 73600.

RSI stands for Relative Strength Index, a momentum oscillator used in technical analysis.
"Moving flat" implies that the RSI indicator is not showing a strong upward or downward trend but rather moving horizontally. This could indicate a period of consolidation or indecision in the market.

Sell Below 72295 for +400 Points:

This suggests a recommendation to sell the financial instrument if its price falls below the level of 72295.

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