Tue, 17 Jan 2017 12:25:00 GMT
XAG/USD 4H Chart: Channel Up
Silver is surging in simultaneously two ascending channels. However, it is also on a larger scale in a descending channel. Due to that the main thing to find out is, when and how the metal will change its course and begin a medium term decline. First of all, by measuring the Fibonacci retracement levels via connecting the March 31 low