FX:XAGUSD   Silver/U.S. Dollar
22 0 3
Technical outlook and chart setups:
Silver             is trading around $15.70 levels now after bouncing off from intraday lows at $15.60. The metal has retraced from yesterday's highs and seems to be ready to resume its rally towards $16.40 and $16.90. Bulls should be poised to remain in control until prices stay above yesterday's lows ($15.50). It is hence recommended to remain long and also look to add further at current levels with risk at $15.30. Immediate support is seen at the level of $15.50 followed by $15.30 and lower while resistance is seen at $16.30/40 followed by $17.20/30 and higher respectively.

Trading recommendations: Remain long for now, stop is at $15.30, targets are at $16.40 and $16.90. Good luck!

Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out