empty
 
 
15.01.2015 02:51 PM
Technical analysis of Silver for January 15, 2015
This image is no longer relevant

Technical outlook and chart setups:

Silver pushed higher towards the levels of $17.25 /30 today before pulling back to $17.05 for now. The metal is expected to push through the resistance at $17.40/50 and subsequently $17.80/18.00 levels before producing a meaningful retracement. Please, note that the inverted head and shoulder formation extends up to $18.30 and $18.90 levels as depicted here. Bulls are still in control; and it is recommended to remain long looking for adding further during intraday dips. Immediate support is seen at $16.50, followed by $16.20, $15.50, $14.50 and lower while resistance is seen at $17.40/50 followed by $17.80/18.00 and higher respectively.

Trading recommendations:

Remain long for now, stop at $15.50, target is open.

Good luck!

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback