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.
Short-term market weakness likely; defensive sectors poised to outperform: Rohit Srivastava
Rohit Srivastava suggests the recent market rally from early April might be ending, entering a corrective phase influenced by geopolitics and the upcoming FOMC meeting.