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FXHighway
Mar 24, 2014 6:33 AM

Double top formation pushes silver negatively Short

Silver/U.S. DollarFXCM

Description

Silver price moves lower to break 20.35 level, affected by the double top pattern, which has targets that will lead to reach 19.00

EMA50 and stochastic are putting more bearish pressure to support the waited decline, while breaching above 20.75 will bring the first key to invalidate the negative formation.
Comments
aryahi29
good analysis, I agree..
FXHighway
Thank you
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