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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).