Learn with ETMarkets: Navigating MCX gold and silver contracts through technical indicators

January 14, 2024

Mastering MCX Gold and Silver contracts involves a strategic blend of technical indicators. The Moving Average EMA21 strategy, complemented by risk management techniques using the EMA8, provides a structured approach for both long and short positions. Incorporating the RSI for confirmation adds an extra layer of analysis enhancing traders’ ability to identify trends and manage risk effectively in the dynamic precious metals market.

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