empty
 
 
23.03.2016 08:37 AM
Technical analysis of Silver for March 23, 2016

This image is no longer relevant

Technical outlook and chart setups:

Silver hit $15.95/16.00 levels yesterday and reversed lower as expected. The metal is trading at $15.75 levels at the moment, looking to drop lower towards $15.40 and further as depicted here. The metal seems to have carved out an intermediary top at $16.13 levels and should remain in control of bears at least in the short term. Please also note that the metal could drop towards $14.50 levels before turning bullish again. It is hence recommended to remain short for now, with risk at $16.13 levels. Immediate support is seen at $15.00 levels, while resistance is seen at $16.00/13 levels respectively. Only a break above $16.00 levels would change the bearish outlook from here on.

Trading recommendations:

Remain short for now, stop at $16.13, target is open.

Good luck!

Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $10000 lebih lagi!
    Dalam Januari kami membuat cabutan bertuah $10000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 100%
    Peluang istimewa anda untuk menerima bonus 100% pada deposit anda
    DAPATKAN BONUS
  • Bonus 55%
    Dapatkan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget