XAG USD silver prices forecast for September 5, 2016


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Quotes Silver XAG USD continues to trade within a descending forex 1:1 model. At the moment, there is the potential to continue fall XAG USD quotes after a hearty test the upper boundary of the channel.

XAG USD silver prices forecast for September 5, 2016

XAG USD silver prices forecast for September 5, 2016

Cancellation option of falling prices for silver will be a strong increase in the breakdown region of the upper boundary of the channel, which will indicate the growth potential in the area above the level of 19.50. An additional signal in favor of the fall is the resistance of the downlink test the relative strength indicator, that also indicates a decline from current levels.

XAG USD silver prices forecast for September 5, 2016 suggests a fall in prices on the Silver within the beginning of the descending pattern of 1:1 in order to reduce the level of 17.80.


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