XAG USD forecast for the price of silver on September 7, 2016


Quotes Silver XAG USD continued to rise, but at the moment conserved potential for further fall in prices for silver within the beginning of the descending forex model 1:1 in order to fall below the level of 17.80.

XAG USD forecast for the price of silver on September 7, 2016

XAG USD forecast for the price of silver on September 7, 2016

However, to complete the forex model should wait for the test the upper boundary of the descendingchannel, where should try to sell XAG USD with a close stop. Cancellation option will be the completion of the forex model strong growth and the breakdown of the area above the level of 20.00, which indicate an XAG USD continued growth of quotations to local maximum.

XAG USD forecast for the price of silver on September 7, 2016 suggests an attempt to drop after the test 20.00 level; the cancellation will quote leaves the descending channel.


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