Technical outlook and chart setups:
Silver faces resistance around the levels of $14.75-$15.00. Only a push higher through $15.00 could trigger further rally towards $15.60 and higher. It is hence recommended to remain flat at the moment and look for further directional clarification. Immediate support is seen at $14.00 followed by $13.00, $12.00, and lower, while resistance is seen at $15.60 followed by $16.40 and higher.
Trading recommendations:
Remain flat for now.
Good luck!
The material has been provided by InstaForex Company - www.instaforex.comFor detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of Silver for September 11, 2015 . Thanks for your support.
No comments:
Post a Comment