Short term Silver outlook

٢٧ أغسطس ٢٠١٥

A well proportioned AB-CD pattern could in conjunction with a recent bullish crab formation (the validity of the bullish shark pattern was affirmed with the reaction at 15.6) lead a positive price movement towards the levels of 16 to 17, provided that the support of 14 is held (otherwise values of 12 to 10 will most probably be within reach).