gold price news online

Silver Weekly Technical Outlook

Silver’s sharp fall and break of 17.41 support confirms that whole decline from 19.845 has resumed. Initial bias remains on the downside this week and further decline should be seen to 100% projection of 19.845 to 17.41 from 18.735 at 16.30 next. On the upside, break of 18.735 resistance is needed to indicate that fall fro 19.845 is completed. Otherwise, another fall is still expected in case of recovery.

Silver Weekly Technical Outlook

Tags: , , ,

Posted in Commodities