The breakout of Silver Spot through the 39.1310 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Silver Spot could test 39.7039 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Silver Spot has broken through a level it has tested 3 times in the recent past.
