(24 JULY 2017)SILVER (in USD):Bullish.

(24 JULY 2017)SILVER (in USD):Bullish.

24 July 2017, 13:57
Jiming Huang



(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).

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