Quotes of Silver XAG/USD finished the trading week at the level of 17.87. At the moment there is a potential for growth of quotations in the area above the level of 18.20 as part of the formation of the right shoulder of the reversal Forex Head and Shoulder models.
XAG/USD Forecast Silver prices on April 24 — 28, 2017
Whence it is necessary to expect the beginning of falling of quotations and the prices for Silver in the area below level 16.50. In favor of the fall, a dense test of the downward trend line will appear on the indicator of relative strength. The cancellation of the variant of falling quotes and prices for Silver will be a strong growth and breakdown of the area of 18.70, which will indicate the continued growth of quotations XAG/USD. Expect to accelerate the fall is with the breakdown of the area of 17.65.
XAG/USD Forecast Silver prices on April 24 — 28, 2017 suggests an attempt to increase in the area above the level of 18.20, from where it is expected to fall quotations in the area below the level of 16.50 as part of the development of the reversal Forex Head and shoulders models, the abolition of the fall variant will be the breakdown of the area 18.70 , Indicating that the growth of quotations XAG/USD continues.
