Quotes of Silver XAG/USD continue to move within the limits of the development of the decline and at the moment there is still potential for falling quotations in the area below the level of 16.90.
XAG/USD Forecast SILVER prices on April 27, 2017
In favor of lower quotes and prices for Silver, breakdown of the support line on the indicator of relative strength, as well as the completion of the formation of the reversal Forex forex model, double top. Expect to accelerate the fall in quotations XAG/USD is with a breakdown of the uptrend line on the price chart.
XAG/USD Forecast SILVER prices on April 27, 2017 suggests an attempt of a minor correction in the area of 17.70 and the continuation of the decline of XAG/USD quotations to the area below the level of 16.90 within the framework of the forex of the reversal forex model Double top.
