Silver analysis

[Geoff Barnett]

In the Silver chart we have strong buy signal because the market has stopped at the point of moving average and trend line is also there. So signal is in favor of the buyers and to them the entry point is at 16.628 and the target point is at 16.629.

 

[mozeratti]

Silver is quite predictable now. I expect a small fall, to about 16.0 level, not lower! some fluctuations are possible to arise, but it won't last long. Meanwhile support level is 16.15 (H1).