(By Yann Quelenn )
• Silver's bullish bounce quickly faded. Closest
support is given at 16.29 (26/06/2017 low).
Strong support is given at 16.06 (09/05/2017
low). Key resistance is given at a distance at
17.75 (06/06/2017 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).