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)