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1/5/2015 2:49:37 AM

Silver - Technical Analysis: Monday, 05/01/2015 07:49 GMT



The strength of the previously breached resistance line –that turns into support now at 15.40- means that the price has solid support base that reinforces the chances of continuing the bullish trend.

The price return to the ascending channel, and positivity comes from stochastic, besides trading above the exponential moving average 50.


Target
Risk


Support
Resistance


Trend Bullish

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