Thursday 20 March 2014

Technical analysis of Silver for March 21, 2014 Trend News

Unlike gold, silver failed to go above the 40-week average. It lacks the same impulsive behavior so it might be doing something different. $20.42 is the 20wma support, below which I would consider that its still forming a triangle and could go down to the lower line at $19.22$.


silverdaily[1].pngThe material has been provided by InstaForex Company - www.instaforex.com



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