(08 JANUARY 2018)SILVER (in USD):Continued increase.

(08 JANUARY 2018)SILVER (in USD):Continued increase.

8 January 2018, 13:31
Jiming Huang
0
58

sl


Continued increase.

(Yann Quelenn)

• Silver has been bouncing on hourly support at

16.99 (04/01/2018 low). Hourly resistance is given

at 17.46 (16/10/2017 high). Expected to show

continued bullish pressures.

• In the long-term, the trend is rater negative.

Further downsides are very likely. Resistance is

located at 25.11 (28/08/2013 high). Strong

support can be found at 11.75 (20/04/2009).

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