(19 JUNE 2017)SILVER (in USD):Selling pressures continues.

Selling pressures continues.

• Silver declines. Closest support is given at 

16.44 (18/05/2017 low). Strong support is given 

at 16.06 (09/05/2017 low). Key resistance is given 

at a distance at 19.00 (09/11/2017 high). The 

road seems wide open for further decline. 

• In the long-term, the death cross indicates that 

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).

(By Yann Quelenn)