![(17 JULY 2017)SILVER (in USD):Back within former downtrend channel. (17 JULY 2017)SILVER (in USD):Back within former downtrend channel.](https://c.mql5.com/6/781/splash-702984.jpg)
(17 JULY 2017)SILVER (in USD):Back within former downtrend channel.
17 July 2017, 14:00
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
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Back within former downtrend channel.
(By Yann Quelenn)
• Silver is still bouncing from hourly support
given at 15.18 (10/07/2017 low). Key resistance is
given at a distance at 17.75 (06/06/2017 high).
The road seems wide open for renewed
weakness.
• 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).