Silver SEPTEMBER 2020 has broken through a resistance line of a Triangle and suggests a possible movement to 25.0462 within the next 14 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 3 days.
Related Posts
Brent Crude has broken through a resistance line. It has touched this line numerous times in the last 6 days.
A strong resistance level has been breached at 68.4115 on the 30 Minutes Brent Crude chart. Technical Analysis…
After testing the support line numerous times, US Oil is once again approaching this line. Can we expect a bearish trend to follow?
US Oil is moving towards a support line. Because we have seen it retrace from this line before,…
Will Silver Spot break through the support level it tested before?
Silver Spot is approaching a support line at 35.7904. If it hits the support line, it may break…