(30 OCTOBER 2017)SILVER (in USD):Continued decline.

(30 OCTOBER 2017)SILVER (in USD):Continued decline.

30 October 2017, 12:45
Jiming Huang
0
16

sl


Continued decline.

(By Yann Quelenn )

• Silver is again grinding lower. Hourly support

can be founds at 16.88. Hourly resistance is given

at 17.46 (13/10/2017 high). Additional support

can be found at 16.13 (06/10/2017 low).

• In the long-term, the trend is rater negative.

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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