Silver MAY 2020 has broken through the support line of a Support. It has touched this line numerous times in the last 6 days. This breakout shows a potential move to 16.7960 within the next 17 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
A possible move on Natural Gas as it heads towards support
Natural Gas was identified at around 3.219 having recently rebounded of the resistance on the 30 Minutes data…
Silver Spot is quickly approaching a very important level it has previously tested numerous times in the past
A strong support level has been identified at 32.0875 on the 30 Minutes Silver Spot chart. Silver Spot…
Gold Spot hits 3350.1135 after a 12.36% move spanning 11 days
Those of you that are trend followers are probably eagerly watching Gold Spot to see if its latest…