(04 DECEMBER 2017)SILVER (in USD):Collapsing.

(04 DECEMBER 2017)SILVER (in USD):Collapsing.

4 December 2017, 12:58
Jiming Huang
0
12

sl


Collapsing.

(By Yann Quelenn)

• Silver is heading lower. Hourly support can be

found at 16.13 (07/08/2017 low). Hourly

resistance is given at 17.46 (13/10/2017 high).

Expected to keep pushing lower.

• 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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