Silver Daily Technical Outlook
With 4 hours MACD crossed below signal line, a temporary top is formed at 19.985 and bias is turned neutral. Deep retreat might be seen to 4 hours 55 EMA (now at 19.385 ) and below. However, note that short term outlook will remain bullish as long as 18.70 resistance turned support holds and further rally would remain in favor. Above 19.985 will target 61.8% projection of 14.65 to 19.845 from 17.735 at 20.946.
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Silver Daily Technical Outlook
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