Silver Technicals: April 22, 2015
ICN.com | Apr 22, 2015 07:17AM ET
The metal is still trading just above 61.8% Fibonacci correction located at 15.89 as we can see on the image above. We need the price to breach that level to activate the bearishness again. Linear regression indicators are negative, and MACD indicator is negative too.
Trading below 16.38 is needed to protect the bearish probability, while trading below 16.08 will be better for the intraday bearishness.
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