11.09.201515:24 Forex Analysis & Reviews: Daily analysis of SILVER for September 11, 2015

Long-term review

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Overview

Silver price shows slight bearish bias since morning moving below the EMA50, that implise no change in our bearish overview for the rest of the day. It depends on stability inside the bearish channel that appears on the chart. A target is at13.50 followed by 12.80 as initial main targets. We remind you that a breakout of the bearish-channel resistance at 15.10 will stop cvhill decline expectations and make the price to turn its short-term track to the upside.

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