Mcx silver future this week closed with loss. Silver future this week hit new low near 33k levels. This was first weekly loss for silver future after last 4 weeks gain. But silver future almost lost all gains and dipped into red in this week. This week silver future hit high at 36140 while low was at 33151. Total 2900 rupee weekly range and closed with loss. Silver given reversal from major average on weekly chart which is very bearish signal for medium term view. For next week, silver outlook remain bearish below 34550 levels only. On downside 32800 and 31500 are support zones as well as target levels if downtrend continues. On upside 34550 and 35800 are strong resistances.