🎯 MCX Silver Update | 10 December – 13 December

#MCX Silver Price: ₹1,92,615 🔥

Silver has shown strong bullish momentum between 10 December to 13 December, trading near record high zones and attracting heavy buying from investors.

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🔹 MCX Silver Price Action

Current Price: ₹1,92,615

Trend: 📈 Strong Bullish

Structure: Higher High – Higher Low

Demand Zone: ₹1,85,000 – ₹1,88,000

Silver is trading near its all-time high, indicating strong confidence from smart money and long-term investors.

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🏆 Is Silver Making a New All-Time High?

Yes ✅

Silver is hovering near its lifetime high levels.

📌 Breakout Levels to Watch:

Above ₹1,95,000 → Fresh ATH confirmation

Next Possible Targets:

₹1,98,000

₹2,05,000 (medium term)

Supportive factors:

Rate cut expectations

Weak global currency pressure

Industrial & investment demand

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💰 Start Silver SIP – Best Long-Term Strategy

For long-term wealth creation, timing is not important.

✅ Best Choice: Silver ETF – SilverBeES

Simple & transparent

No storage risk

Ideal for retail investors

🔁 SIP Plan:

Monthly SIP (fixed amount)

Long-term horizon: 5–10 years

Volatility works in your favor

> 📈 SIP helps you accumulate Silver at average cost over time.

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🚀 Lumpsum Investment Strategy (Using 50 EMA)

For lumpsum investors, follow a disciplined technical approach.

📊 Indicator Used:

50 EMA (Daily Chart)

🟢 Lumpsum Buy Rule:

👉 Whenever MCX Silver price comes near the 50 EMA → Do LUMPSUM BUY

🔐 Why 50 EMA Works:

Acts as strong dynamic support

Preferred by institutions

Best risk–reward entry zone

❌ Avoid:

Buying at extreme tops

Emotional #FOMO trades

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🔮 Silver Outlook

Short Term: Bullish above ₹1,88,000

Medium Term: New ATH loading 🚀

Long Term: Very strong (EV, solar, industrial demand)

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📝 Final View

✔ Traders: Watch breakout above ₹1,95,000

✔ Investors: Start SIP in SilverBeES ETF

✔ Lumpsum buyers: Buy near 50 EMA only

🪙 #Silve is not expensive — it’s in expansion mode.

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⚠️ Disclaimer: This content is for educational purposes only. Not a buy/sell recommendation.

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