empty
 
 
11.09.2015 02:02 PM
Technical analysis of Silver for September 11, 2015

This image is no longer relevant

Technical outlook and chart setups:

Silver faces resistance around the levels of $14.75-$15.00. Only a push higher through $15.00 could trigger further rally towards $15.60 and higher. It is hence recommended to remain flat at the moment and look for further directional clarification. Immediate support is seen at $14.00 followed by $13.00, $12.00, and lower, while resistance is seen at $15.60 followed by $16.40 and higher.

Trading recommendations:

Remain flat for now.

Good luck!

Summary
Urgency
Analytic
InstaForex Analyst
Start trade
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 $6000 more!
    In December we raffle $6000 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

Recommended Stories

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