Bullish.
(By Yann Quelenn )
• Silver is pushing higher after the bounce 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
commodity has broken the 16-mark. Expected to
inch higher.
• 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).
