Silver - Technical Analysis: Monday, 20/07/2015 05:28 GMT

Silver price moves organized inside the descending channel that appears on chart, noting that the negative pressure that comes from the exponential moving averages 50 and 100 support continuing trading inside this channel, to support more decline in the upcoming period.

The initial targets are located around 14.35, while breaking this barrier will extend the bearish wave to reach 12.00.