Crown Forex – Technical Analysis for SILVER

Silver prices continued its strong bullish wave reaching yesterday to a new al time high touching the 17$ per ounce, and it looks like it still has enough momentum to stimulate more upside movements, yet it has to stay above 16.78$ level all over again. Silver prices continued its strong bullish wave reaching yesterday to a new al time high touching the 17$ per ounce, and it looks like it still has enough momentum to stimulate more upside movements, yet it has to stay above 16.78$ level all over again. The trading range for today will be between the key resistance at 17.20 and the key support at 16.20. The general trend is up as far as 13.20 remains intact targets now at 17.40 and 19.80.