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Gold •15 mins	1,301.90	-4.60	-0.35%
Platinum •15 mins	859.10	+6.50	+0.76%
Bitcoin •1 min	3,989.68	+24.72	+0.62%
WTI Crude •11 mins	59.10	-0.19	-0.32%
Gasoline •10 mins	1.874	-0.001	-0.05%
Silver •15 mins	15.29	-0.09	-0.57%

Silver • 15 mins	15.29	-0.09	-0.57%
Copper • 15 mins	2.919	-0.005	-0.15%
Ethereum • 1 min	137.85	+0.05	+0.04%
Brent Crude • 11 mins	67.44	+0.02	+0.03%
Natural Gas • 10 mins	2.848	-0.024	-0.84%

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Silver - Monitoring Downtrend Channel

By - Jul 13, 2016, 6:20 AM CDT

Silver, still in a medium-term bullish phase, is now pushing to exit short-term bearish retracement channel. Demand for the precious metal remains nonetheless strong. Hourly support is located at 19.23 (08/07/2016 low). Resistance is given at 21.13 (04/07/2016 high). Expected to increase again.

In the long-term, the metal is now in an increasing uptrend. Resistance is located at 25.11 (28/08/2013 high). Strong support can be found at 11.75 (20/04/2009).

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