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 is approaching 3381.6589. We expect either a breakout through this line, or a rebound.
Gold Spot is moving towards a line of 3381.6589 which it has tested numerous times in the past.…
After testing support twice in the past, Gold Spot has finally broken through. Can we expect a bearish trend to follow?
The breakout of Gold Spot through the support line of a Triangle could be a sign of the…
Is the Silver Spot poised for a turn-around after 6 consecutive bullish Daily candles?
Silver Spot has experienced an unusual quantity of bullish candles on the Daily timeframe. This is in the…