Daily analysis of SILVER for August 14, 2015 Market Analysis Review

Overview

Silver price did not show any strong move since yesterday, thus there is no change in our overall positive overview, which depends on holding above the 15.00 level, waiting to get positive stimulus to support rallying for testing the 16.05 level in the upcoming sessions. We remind you that breaking the 15.00 level will stop the current rise and push the price to visit the 14.40 level mainly. In general, we will keep preferring the bullish trend on the intraday basis unless breaking the 15.00 level and holding below it.

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