Silver now testing strong support, watch for a potential bounce!

١٩ فبراير ٢٠١٨

Silver is now testing major support at 16.63 (Fibonacci retracement, Fibonacci extension, horizontal overlap support) and a strong bounce could occur at this level to push price up towards 16.96 resistance (Fibonacci retracement, horizontal swing high resistance).

Stochastic (34,5,3) is seeing major support at 7% where a corresponding bounce could occur.

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