FX Street - Silver Weekly Technical Outlook
Comex Silver (SI) Silver’s rally extended further to as high as 14.58 last week. From a short term angle, further rise is still expected as long as 13.85 support holds. Further rise should be seen to next target of 16.00 medium term support turned resistance. On the downside, break of 13.85 will indicate that a short term top is formed and bring consolidation. Nevertheless, downside should be contained by 11.77 resistance turned support and bring rally resumption. In the bigger picture,
