![(30 OCTOBER 2017)SILVER (in USD):Continued decline. (30 OCTOBER 2017)SILVER (in USD):Continued decline.](https://c.mql5.com/6/789/splash-711280.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
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Continued decline.
(By Yann Quelenn )
• Silver is again grinding lower. Hourly support
can be founds at 16.88. Hourly resistance is given
at 17.46 (13/10/2017 high). Additional support
can be found at 16.13 (06/10/2017 low).
• In the long-term, the trend is rater negative.
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).