Navigation

Silver Holds 78.6% Retracement level





International Silver has seen a bounce from the 78.6% of the previous rise. It has possibly completed an expanded flat pattern. A bounce towards 16.78 – 17.05 is possible in the near term as long as it is trading above the swing low of 16.01. However, if it breaks the low of 16.01, then it can drift lower towards 15.80 – 15.59 in the near term. The medium-term outlook remains bullish as long as it is trading above 15.59. The momentum indicator has turned positive.
 
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: