logo

FX.co ★ Technical analysis of Silver for March 21, 2014

Technical analysis of Silver for March 21, 2014

Unlike gold, silver failed to go above the 40-week average. It lacks the same impulsive behavior so it might be doing something different. $20.42 is the 20wma support, below which I would consider that its still forming a triangle and could go down to the lower line at $19.22$.

Technical analysis of Silver for March 21, 2014
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Open trading account