Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
Technical analysis:
Silver has been trading downside as I expected and the price almost reached my my downside objective at $17.96. Anyway, I still see potential for further drop due to strong downside momentum
Trading recommendation:
Due to the strong downside pressure in the background and rejection of the supply trend-line, I see potential for further downside movement.
Watch for the potential selling opportunities on the intraday rallies with the downside objectives at the price of $17.96 and $17.54
MACD oscillator is showing fresh downside momentum, which is strong sign that sellers are in control.
Resistance is set at the price of $18.67
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
