Spot Silver Technical Analysis October 24, 2018

The price of silver maintains its bullish winning after previous day bounce. The precious metal expected to continue moving upward to test $15.00.

However, it is yet to break above previous week high. There is a possibility the price will reverse if it failed to break previous week high though it is a low chance. Traders could continue to maintain the long position.

Silver Spot Support: $14.40, $14.00

Silver Spot Resistance: $15.00, $15.60

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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