Quotes Silver XAG/USD trading at 17.82. Quotes were able to break through the border area of the bottom of the indicator, as well as the moving average with a period of 55 from the top down, that indicates a change in trend in favor of the downlink and the potential continuation of the fall of Silver quotation.
Bollinger Bands XAG/USD forecast on March 7, 2017
The purpose of the fall is the area on the level below 17.25. But do not attempt to exclude XAG/USD correction of quotations in the region moving average at 18.05, from which again is expected to reduce. Conservative area for Silver Sales is located at the upper boundary of Bollinger Bands strips near the region of 18.60. Break of this level will indicate a potential change of the trend in favor of the rising.
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