Back within former downtrend channel.
(By Yann Quelenn)
• Silver is still bouncing from hourly support
given at 15.18 (10/07/2017 low). Key resistance is
given at a distance at 17.75 (06/06/2017 high).
The road seems wide open for renewed
• 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).