(10 JULY 2017)SILVER (in USD):Strong bearish momentum.

(10 JULY 2017)SILVER (in USD):Strong bearish momentum.

10 July 2017, 13:55
Jiming Huang
0
80

sl

Strong bearish momentum.

(Yann Quelenn )

• Silver has broken support at 15.63 (27/12/2016 

low). Key resistance is given at a distance at 

17.75 (06/06/2017 high). The road seems wide 

open for further decline. 

• In the long-term, the death cross indicates that 

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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