Indicators Showing Weakness For Silver
ICN.com | Apr 30, 2015 05:30AM ET
After touching 61.8% Fibonacci resistance, silver declined to trade around 50% Fibonacci located at 16.49. Trading above 16.00 considered positive, but we need more confirmations as the price trading between linear regression indicators.
RSI14 and MACD indicators showing some weakness, and that is another factor force us to stay aside.
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