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Silver May Target This On Declines

Published 12/26/2013, 10:42 AM
Updated 05/14/2017, 06:45 AM
SI
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A break lower can then target 1928/26. If this does not hold the downside look for 1917/16 before 1910/09 lows last week A selling opportunity again at 1952/53 today with stops above 1961. If we continue higher look for a test of resistance at 196

Silver hit our selling opportunity at 1953 & topped almost exactly here at 1956. If prices head lower today we could target 1938/36 for a buying opportunity with stops below 1931.
Silver
A break lower can then target 1928/26. If this does not hold the downside look for 1917/16 before 1910/09 lows last week A selling opportunity again at 1952/53 today with stops above 1961. If we continue higher look for a test of resistance at 1966 & possibly a selling opportunity at 1980/85 with stops above 1990.

By Jason Sen

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