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Tuesday, June 17, 2014

Daily Silver Technical Update and Forecast(17 June 2014)

Silver Daily Technical Analysis and Outlook:


The 18.69-18.20 zone so far has been holding the lows. Prices seem to be forming a base around this region.
The bullish price action must continue until the 19.20-19.00 price area holds. A break below this area will indicate the possibility of increasing bearish odds. And finally the breach of 18.69-18.20 will be a bearish confirmation. Support can be seen around the 19.42-19.36.

Happy Trading..


1 comments:

  1. Precise and timely. The support level mentioned seemed to be a great buy!

    ReplyDelete