The breakout of Silver MAY 2020 through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of Silver MAY 2020 to test 14.3440 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
Gold Spot – approaching a support line that has been previously tested at least twice in the past
Gold Spot is moving towards a support line which it has tested numerous times in the past. We…
It’s time to make a decision on US Oil – its recent breach of 63.9260 could be a sign of a new trend to follow.
A strong support level has been breached at 63.9260 on the 30 Minutes US Oil chart. Technical Analysis…
After testing 64.0625 numerous times, US Oil has finally broken through. Can we expect a bearish trend to follow?
A strong support level has been breached at 64.0625 on the 1 hour US Oil chart. Technical Analysis…