The breakout of Silver MAY 2020 through the 14.4050 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Silver MAY 2020 to test 14.8505 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
If you’re long Silver Spot you should be aware of the rapidly approaching level of 30.2880
Silver Spot is moving towards a key support level at 30.2880. Silver Spot has previously tested this level…
US Oil is approaching a support line of a Channel Down. It has touched this line numerous times in the last 8 days.
US Oil is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a…
Important price line breached by Silver Spot. This price has been tested numerous times before.
The breakout of Silver Spot through the 30.8920 price line is a breach of an important psychological price…