Silver bottomed nicely above key-support at 23.14 and the ending diagonal now looks complete and all we need is a break above the ending diagonal resistance-line at 25.36 to confirm the completion for a rally to the beginning of the ending diagonal at 30.10 and a break above here will activate a large Cup with Handle with an objective at 50.00.
Support is now seen at 24.41 and 23.78 with key-support remaining at 23.14.
Trading recommendation:
Buy a break above 25.36 and place your stop at 23.75.
The material has been provided by InstaForex Company - www.instaforex.com