Mcx SilverSilver FuturesMCX:SILVER1!ktra_commoditiesMcx Silver Here’s a **short-term forecast** for the Silver Futures chart you shared, with key support and resistance zones based on the visible levels in the image . ## Bias - Price is trading around **267,133**, below the **50% level at 268,583**, which keeps the near-term bias slightly **bearish to sideways** . - The recent sharp drop and weak bounce suggest sellers still have control unless price reclaims 268,583 and then 270,022 . ## Support levels - **267,133**: immediate intraday support/current price area . - **263,000**: next psychological support if selling continues . - **259,945**: important Fibonacci support zone (61.80%) . - **251,679**: deeper support if the down move extends . ## Resistance levels - **268,583**: first key resistance; this is the 50% retracement level . - **270,022**: near-term resistance and breakout trigger zone . - **272,441–272,501**: stronger overhead supply area . - **275,740**: major resistance above the current range . - **277,222**: higher resistance near the upper range boundary . ## Forecast - If price stays **below 268,583**, the chart favors another test of **263,000**, and possibly **259,945** . - If price reclaims **270,022**, a bounce toward **272,441–272,501** becomes likely . - A move above **275,740** would improve the structure and shift momentum back toward the upper range . ## Trading idea - **Bullish only above 270,022** with follow-through. - **Bearish below 267,133/268,583** with downside targets at **263,000** and **259,945** . I can also turn this into a clean **buy/sell plan with entry, stop-loss, and target levels**.