Silver strength has extended further than expected and analysts at Credit Suisse see scope for a challenge on the top of its long-term range. Key quotes “Silver strength has extended further than expected and above the ‘neckline’ to the 2019 top at 16.53 suggests the rally can extend to challenge multiyear resistance, starting at 19.53 and stretching up to 21.14, the 2016 high.” “Whilst we expect the 2016 high at 21.14 to remain a formidable barrier, should strength extend and a clear and closing break be achieved, this would see a multi-year base established, with 26.22 then seen as just initial resistance.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP: Setting The Surge For Major Risk Events In June – Credit Agricole Kenny Fisher 2 years Silver strength has extended further than expected and analysts at Credit Suisse see scope for a challenge on the top of its long-term range. Key quotes “Silver strength has extended further than expected and above the ‘neckline’ to the 2019 top at 16.53 suggests the rally can extend to challenge multiyear resistance, starting at 19.53 and stretching up to 21.14, the 2016 high.” “Whilst we expect the 2016 high at 21.14 to remain a formidable barrier, should strength extend and a clear and closing break be achieved, this would see a multi-year base established, with 26.22 then seen as just… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
