empty
 
 
04.09.2015 04:09 PM
Daily analysis of Silver for September 04, 2015

This image is no longer relevant

Overview

Silver price continues fluctuating around the 14.70 level, pointing to the fact that the daily candlestick close was below the mentioned level, which keeps the negative scenario valid until now, waiting to visit 13.50 followed by 12.80 on the near-term basis. We remind you that breaching the 14.70 level will lead the price to rise and test the bearish channel's resistance around 15.30 before any new attempt to resume the bearish bias. The price needs negative motive that supports the chances for heading towards 13.50 then 12.80 on the near-term basis.

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback