Thursday 24 December 2015

Daily analysis of Silver for December 24, 2015 Market Analysis Review

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Overview

Yesterday, silver closed at 14.25, showing some slight bullish bias now, while we notice that stochastic loses its positive momentum gradually to reach the overbought areas. Therefore, we will continue to suggest the overall bearish trend that its next targets located at 13.50 followed by 13.00, reminding you that it is important to keep the daily close below 14.25 to continue the suggested decline. Today, silver is expected to trade in a range between support at 13.70 and resistance at 14.50.

The material has been provided by InstaForex Company - www.instaforex.com

For detail explanation and best discovery on daily market trends and news you may visit via Daily analysis of Silver for December 24, 2015 . Thanks for your support.

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