Silver Price Forecast September 14, 2017, Technical Analysis

Updated : Sep 14, 2017, 07:37 UTC1min read
Silver daily chart, September 14, 2017
Silver markets initially tried to rally during the trading session on Wednesday, filling the gap. However, we found plenty of resistance there and fell apart. The market is currently testing the $17.70 level as I write this, and it looks likely to continue to struggle. There is talk of a
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Silver markets initially tried to rally during the trading session on Wednesday, filling the gap. However, we found plenty of resistance there and fell apart. The market is currently testing the $17.70 level as I write this, and it looks likely to continue to struggle. There is talk of a potential tax reform deal coming out of the United States, and that has lifted the US dollar. Because of this, you can see that the precious metal markets have fallen. I think that the $17.50 level underneath should be supportive, so I would look for the buyers to come back in and that area.

SILVER Video 14.9.17

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