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| Technical Analysis for Silver 10-8-2015 |
Silver moved Friday in the average movement of 44 cent, its highest level at 14.99 and the lowest price at 14.55 and closed at 14.78 to Gain 10 Cents according to Friday’s economic data.
Silver opened today's trading at 14.79 volatile between 14.71 and 14.87 during the Asian session trading at 16 Cents for the poor liquidity in the market range, and in the European session the pair went up to 14.97
Silver moves in a series of up impulse waves after breaking the parallel price channel.
It is expected that the silver is heading targeting 15.18 as the target on time frame of four hours and until now we see the Bulls control on market direction
And the Relative Strength Indicator "RSI" show us accumulation operations at the market
Today we could see sharp trading because of the economic data from the USA
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