Silver XAG USD forecast for the week July 25, 2016 — July 29, 2016


Quotes Silver XAG USD trading week complete fall. at the moment there is a potential for the formation of topping forex head and shoulders pattern on the indicator of relative strength. To complete a model, you need to see growth XAG USD quotations, and Silver for the next trading week above the level of 20, where you can try to sell with a close stop.

Silver XAG USD forecast for the week July 25, 2016 — July 29, 2016

Silver XAG USD forecast for the week July 25, 2016 — July 29, 2016

Additional forex signal in favor of continuing XAG USD fall is the fact that the model of the broadening formation on the RSI indicator has not completed itself completely. Target of the pattern on the head and shoulders XAG USD is the area on the level below the 18.00 area. Cancellation option will be the mining model strong rise in prices for silver above the local maximum level that cancels the option of continuation of the fall.

Silver XAG USD forecast for the week July 25, 2016 — July 29, 2016 suggests an attempt to increase within the framework of the completion of the formation of reversal pattern on the display relative strength, then we can expect the fall XAG USD quotes.


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