empty
 
 
08.03.2017 05:46 PM
Daily analysis of Silver for March 08, 2017

This image is no longer relevant

Overview

Silver price reached our expected target at $17.43 and settles near it. The price on the chart is accompanied by stochastic, so silver has entered the oversold area. It supports the chance for bouncing higher to resume the main bullish trend. Now the price is waiting for testing $18.30 initially. Therefore, we expect silver to trade higher in the short term. Please note that breaching the targeted level will extend silver gains to reach $19.38, while breaking $17.43 will push the price to suffer more of the losses with a downward target at $16.56. The expected trading range for today is between $17.40 support and $17.80 resistance.

Summary
Urgency
Analytic
InstaForex Analyst
Start trade
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • 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 $1000 more!
    In June we raffle $1000 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
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback