Forex | Forex Strategies | Silver Trading Analysis 18 August 2009 (18/08/2009 05:43:39)

Silver Trading Analysis 18 August 2009

Like gold silver too suffered yesterday ending the silver trading session with a wide spread down bar which broke below the $14 per ounce price point during the day although it did manage to recover marginally during the latter part of the silver trading session.  The candle closed with a small lower shadow which seemed to find some support from the 40 day moving average, an encouraging signal for silver trading bulls, and as a result we may see a small bounce in silver prices tomorrow as


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