FXHIGHWAY

 Breaking News


Silver






11/14/2014 1:09:26 AM

Silver - Technical Analysis: Friday, 14/11/2014 06:09 GMT



Strong decline pushes the price to cancel the inverted head and shoulders’ pattern, and the price is testing the descending channel’s support now.

The chances of achieving the rise still valid unless the price broke 15.00 level, and stochastic offers positive momentum that supports the required rise.

Breaking 15.00 will turn the expectations to head for more decline on the longer term.


Target
Risk


Support
Resistance


Trend Bullish

Logs

Advertisements