• 17 hours 3 Restaurant Stocks In Full Recovery Mode
  • 1 day Bitcoin Is Driven By Testosterone
  • 6 days Quantum Computing Is The Newest Megatrend In Silicon Valley
  • 7 days How To Invest In The Cybersecurity Boom
  • 9 days Investors Are Patient With Unprofitable Giants
  • 11 days Wells Fargo Back In The Scandal Spotlight Once Again
  • 13 days 5 Stocks To Keep A Close Eye On This Year
  • 14 days As Auto Giants Flail, Look To Chip Stocks For Gains
  • 15 days Central America Is Ready For The Bitcoin Hustle
  • 17 days China’s Video Game Restrictions Unlikely To Slow Down Booming Industry
  • 18 days Top Performing Stocks As Inflation Fears Grow
  • 19 days US Airline Stocks Take A Beating On New EU Restrictions
  • 20 days This IPO Could Open Sustainable Fashion Floodgates
  • 21 days Crypto Crime Nets Another $2B Fraudster
  • 23 days This Week’s Hottest Meme Stocks
  • 24 days Why World Markets Should Be Watching Germany Closely
  • 26 days Could ‘Cultured’ Meat Rival The Plant-Based Megatrend?
  • 28 days ‘Easy Money’: Crypto Is Still Attracting Newbie Investors
  • 30 days Foreign Syndicates May Have Stolen Up To $400B In COVID Benefits
  • 31 days Gold Jumps Above $1800 Ahead Of Jackson Hole Summit
MIG Bank

MIG Bank

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

Contact Author

  1. Home
  2. Markets
  3. Other

Silver - Failed to Break Support at 15.13

Silver has recently sharply weakened, suggesting a potential short-term weakening bullish momentum. Hourly support is given at 15.13 (10/02/2016 low). Hourly resistances can be found at 15.43 (16/02/2016 high). Expected to enter into another upside move.

In the long-term, the break of the major support area between 18.64 (30/05/2014 low) and 18.22 (28/06/2013 low) confirms an underlying downtrend. Strong support can be found at 11.75 (20/04/2009). A key resistance stands at 18.89 (16/09/2014 high).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment