Silver Price Forecast September 15, 2017, Technical Analysis

Christopher Lewis
Silver daily chart, September 15, 2017
Silver daily chart, September 15, 2017

The Silver markets did very little during the day on Thursday, as we continue to hover around the $17.75 level. There is plenty of support underneath, especially at the $17.50 level, and with that being the case I think that we may get a bit more choppiness, but I don’t think there’s much to move the market in the short term. If we see some type of “risk off” event, then it’s possible that the market will turn around and go positive again. Pay attention to the US dollar, because if it loses value, that could help silver as well.

SILVER Video 15.9.17

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SymbolLast PriceChange
EURUSD
EUR/USD
1.1778
-0.0010
-0.08%
GBPUSD
GBP/USD
1.3432
+0.0003
+0.02%
XAUUSD
Gold
1291.5
-0.6400
-0.05%
CL
Crude Oil
72.115
-0.3950
-0.54%
SPX
S&P 500
2725.5
-5.5000
-0.2%
DAX
DAX 30
13157.0
+23.000
+0.18%
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