InstaForex - Analytics


    699.25 6.25/10
    62% of positive reviews

    Daily analysis of Silver for March 03, 2016 2016-03-03


    Show full picture


    The silver price trades steadily below 15.00 levels keeping the bearish trend expectations valid for the rest of the day. It is supported by stochastic negativity that appears on the chart. Therefore, we wait for breaking the 14.67 level to reinforce expectations for heading to 14.27 then 13.63 as next main targets for the current bearish wave. Remember that holding below 15.00 levels is important to achieve the suggested targets.

    The expected trading range for today is between 14.00 support and 15.30 resistance.

    To leave a comment you must or Join us

    • avatar-1223
      • #

      The bearish trend makes decisions for this trading instrument.

    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree