Silver DECEMBER 2020 is heading towards a price line of 23.1650 and could reach this point within the next 8 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
Related Posts
US Oil breakout from a Rising Wedge trade setup. Will it continue this trend to hit the target price?
US Oil has broken through the support line which it has tested twice in the past. We have…
Gold Spot formed a Channel Up on the 30 Minutes chart. Retest of resistance in sight.
Emerging Channel Up detected on Gold Spot – the pattern is an emerging one and has not yet…
If you’re short Natural Gas you should be aware of the rapidly approaching level of 3.1500
A strong resistance level has been identified at 3.1500 on the 15 Minutes Natural Gas chart. Natural Gas…