Navigation

14 Sep 2015 Technical Chart Silver Base in formation



In its previous attempt silver had failed to sustain above the key daily moving averages (DMAs) and tumbled sharply. It had broken the crucial swing lows of $14.42 and $14.33 on an intra-week basis. However, silver recovered from a falling trend line and posted a weekly close above these supports. A larger structure shows that the white metal has formed an Ending Diagonal pattern. Thus, unless the recent low of $13.93 breaks silver can be expected to move up. The key levels on the upside will be 15.66 and 16.10.
Share

Shubhlaxmi

Shubhlaxmi Commodity is a Free portal where you are provided all market such as Commodity stocks futures and Currency Like USD To INR and internatinol live market prices and live charts and Free support and resistance level

Post A Comment: