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Sunday, August 17, 2014

Daily Silver Technical Update and Forecast(17 August 2014)

Silver Daily Technical Analysis and Outlook:


Our previous updates pointed out towards the nearing completion of the upward price action. Correction towards the 20.40 - 20.00 was expected but the correction so far has been greater than expected (Current price : 19.56). A breach of 19.15 - 19.00 will change the medium term trend from bullish to neutral( with a bearish tilt).  Support19.28         
Happy Trading..


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