(31 JULY 2017)SILVER (in USD):Riding bullish channel.

(31 JULY 2017)SILVER (in USD):Riding bullish channel.

31 July 2017, 13:40
Jiming Huang
0
11

sl

Riding bullish channel.

(Yann Quelenn )

• Silver is pushing higher after the bounce 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 continues its 

short-term bullish increase. 

• 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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