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Silver has re-entered the 18.37 - 18.60 S/R area with bullish momentum suggesting a BO shortly is pr

  • Apr 8, 2017
  • 1 min read

Weekly chart of Silver Futures

Silver has re-entered the 18.37 - 18.60 S/R area with bullish momentum suggesting a BO shortly is probable. Following the general move in precious metal's due to geopolitical events, weekly momentum remains bullish increasing..

The MACD formed a bullish up-cross during mid-1Q17, however, with negligible positive expansion, although current moves appear set for that to increase. Stochastic have been forming bullish higher-low's since earlier this year while becoming oversold. Recently formed a bullish higher-low.

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