![(08 JANUARY 2018)SILVER (in USD):Continued increase. (08 JANUARY 2018)SILVER (in USD):Continued increase.](https://c.mql5.com/6/795/splash-714698.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
60
Continued increase.
(Yann Quelenn)
• Silver has been bouncing on hourly support at
16.99 (04/01/2018 low). Hourly resistance is given
at 17.46 (16/10/2017 high). Expected to show
continued bullish pressures.
• 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).