empty
 
 
25.12.2015 05:36 PM
Daily analysis of Silver for December 25, 2015

This image is no longer relevant

Overview

Silver price ended yesterday's trading at 14.25 and it is showing some slight bullish bias now. When we notice that stochastic loses, it is a good momentum to reach the overbought areas. Therefore, we will continue to suggest the overall bearish trend with its next targets located at 13.50 followed by 13.00, reminding you that it is important to keep the daily close below 14.25 to continue the suggested decline.

Expected trend for today: Bearish

Expected trading range for today is between 13.70 support and 14.50 resistance.

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