![(31 JULY 2017)SILVER (in USD):Riding bullish channel. (31 JULY 2017)SILVER (in USD):Riding bullish channel.](https://c.mql5.com/6/782/splash-703962.jpg)
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Riding bullish channel.
(Yann Quelenn )
• Silver is pushing higher after the bounce 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 commodity continues its
short-term bullish increase.
• 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).