(18 DECEMBER 2017)SILVER (in USD):Short-term bullish.

(18 DECEMBER 2017)SILVER (in USD):Short-term bullish.

18 December 2017, 13:27
Jiming Huang
0
25
sl

Short-term bullish.

(By Yann Quelenn )

• Silver has been bouncing on hourly support at

15.61 (14/07/2017 low). Hourly resistance is given

at 16.15 (13/12/2017 high). Expected to show

continued bullish pressures.

• 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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