Silver forecast for the week of July 28, 2014, Technical Analysis

Silver forecast for the week of July 28, 2014, Technical Analysis

28 July 2014, 19:48
Mike Dennis
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Silver markets tried to fall during the course of the week, and although we did produce a red candle it has to be said that the range was in exactly impressive. On top of that, there is the $20.00 level below, which of course is very supportive. A supportive candle in that general area has us buying, and if not we feel that the market will go back down towards the $19 level, where we should see more buying pressure. That being said, we are on the sidelines at the moment.




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